All posts tagged "SFEMC"
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279FeatureUOB Prices Singapore’s First Capital Security with SORA Reference
UOB priced its perpetual, non-call five-year AT1 securities with a reset coupon rate that references the SORA-OIS rate.
January 11, 2021 -
459FeatureSingapore Set Out Timelines for Full Discontinuation of SIBOR
The one-month and three-month SIBOR will be discontinued by end-2024. The discontinuation of the six-month SIBOR may depend on the timing of cessation of USD LIBOR.
December 11, 2020 -
994Market InfrastructureSingapore Industry Consultation Proposes to Discontinue SIBOR
Proposed reforms were found to display “noticeable differences in volatility and levels compared to SIBOR”, which will present challenges to industry adoption.
July 30, 2020 -
1.7KContributed ArticleHow Singapore’s New Rate Will Change the S$3.5tr Derivatives Market
With the first interest rate swap transaction referencing the new Singapore Overnight Rate Average, the island state hopes to stay ahead of regional peers.
June 1, 2020 -
1.4KMarket InfrastructureDBS Prices Singapore’s First SORA-based Floating Rate Notes
DBS has priced the first floating-rate notes referencing SORA, identified last August as Singapore's alternative interest rate benchmark to SOR.
May 7, 2020 -
1.4KFeature
Singapore Takes Steps to Transition Away from SOR
Singapore's banking body and foreign exchange market committee have identified SORA as “the most robust and suitable” alternative interest rate benchmark to SOR.
September 2, 2019 -
882FeatureSingapore Commences Transition Testing for Enhanced SIBOR
Transition testing will be conducted initially for six months to determine if a transition to the proposed waterfall methodology is possible or if further refinements are needed.
July 2, 2019 -
770Big PictureMAS Takes Stock of FX Global Code, One Year Since Launch
MAS deputy managing director Jacqueline Loh spoke about the steps taken in adopting and embedding the FX Global Code in the industry and key priorities for the coming year.
August 30, 2018 -
1.1KMarket Infrastructure
Singapore to Implement New SIBOR Methodology by End 2019
Singapore’s benchmark operators have incorporated feedback from market participants following a consultation that ended in February; the new computation methodology will use a waterfall method incorporating wholesale funding and related markets transactions.
July 26, 2018
