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Dec 19, 2022 · The Singapore Overnight Rate Average or SORA is the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8.00am and 6.15pm. The SORA Publication Date is the same date as the SORA Compounded Index Value Date.
The Singapore Overnight Rate Average (SORA) is the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8:00am and 6:15pm. The 3-Month Compounded SORA is published by MAS at 9:00 am on all business days in Singapore.
Note: SORA refers to the Singapore Overnight Rate Average, the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8am and 6.15pm.
SORA, which stands for Singapore Overnight Rate Average, reflects the actual transactions between banks, made between 8am and 6.15pm in Singapore. This means that SORA is based on backward-looking overnight transactions unlike SIBOR or SOR which are based on forward-looking future transactions.
The Association of Banks in Singapore and the Singapore Foreign Exchange Market Committee have identified the Singapore Overnight Rate Average (SORA) as the alternative interest rate benchmark for the Singapore Swap Offer Rate (SOR) and have set out a roadmap for this transition.
What is SORA? The Singapore Overnight Rate Average or SORA is the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8.00am and 6.15pm. This benchmark rate is published by MAS since 1 July 2005.
The Singapore Overnight Rate Average or SORA is the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8.00am and 6.15pm.
The Singapore Overnight Rate Average (SORA) is the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore between 8am and 6.15pm. SORA is accessible at no charge on the MAS website.
Sep 22, 2021 · Moving forward, the Singapore Overnight Rate Average (SORA), administered by the Monetary Authority of Singapore (MAS), will become the main interest rate benchmark in Singapore financial...
Jun 30, 2023 · Fallback Rate (SOR) is the primary fallback rate that will first apply upon the discontinuation of SOR after 30 June 2023. Similar to SOR, Fallback Rate (SOR) is an FX-implied rate based on actual qualifying transactions in the USD/SGD FX swap market reported by Reporting Brokers and a USD interest rate.
