For corporates, Sora seems to be the hardest word

Bernadette Lee
04 Mar 2022

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

It’s often said that change doesn’t happen overnight, and the adage is doubly true when a country is switching to an overnight lending rate. Although progress has been made in the switch from Singapore’s Swap Offer Rate (SOR) to the new Singapore Overnight Rate Average (Sora), lenders in the city-state are wary about the accompanying regulatory and compliance requirements. Corporates that borrowed under the current benchmark are also proving slow to shift over to the new one.

“The rates have

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]