All posts tagged "SORA"
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727Market InfrastructureSingapore Publishes Timelines, Guidance to Support Transition to SORA
Under the timelines, all lenders and borrowers will stop issuing SOR-linked loans and securities that mature after 2021 by end-April 2021.
October 27, 2020 -
461Market InfrastructureDBS, ICBC Issue First Club Loan Pegged to SORA
The SORA-pegged club loan coupled with a cross-currency swap, which provides added certainty on interest rates and swap SGD proceeds into USD.
October 1, 2020 -
2.2KAsia-PacificData, Technology Crucial for New Normal, LIBOR Transition
The LIBOR transition opens the door to a fundamental rethink of the use of data and technology, and how firms provide products and services to customers, says Bloomberg's Bing Li.
September 15, 2020 -
681Market InfrastructureMAS to Intensify Supervisory Engagement to Drive SORA Transition
In an ABS virtual roundtable, MAS deputy managing director Jacqueline Loh spoke of a three-pillar approach to support a smooth transition from SOR to SORA.
September 10, 2020 -
686Market Infrastructure
DBS Launches SORA Business Property Mortgage Loan Package
The package is tailored to allow SMEs to finance or refinance their commercial and industrial properties at more competitive rates.
September 6, 2020 -
870FeatureUOB Issues First Dual Tranche SORA-SOFR Loan for CapitaLand
UOB and CapitaLand aim to enhance market confidence in adopting SORA and help accelerate the transition away from SOR, in line with MAS objectives.
September 4, 2020 -
1.1KMarket InfrastructureSingapore: SOR Fallback Rate to Only be Available Temporarily
Fallback Rate (SOR), the primary fallback reference rate for SOR derivatives, will be permanently discontinued about three years following the fallback trigger.
September 1, 2020 -
640Market Infrastructure
MAS Becomes First Asian Government Entity to Issue RFR Debt
Singapore is seen to be leading Asia in its preparation for the cessation of LIBOR at the end-of 2021. Earlier this month, MAS announced new initiatives to catalyse SORA markets.
August 20, 2020 -
715Feature
MAS Announces New Initiatives to Support SORA Adoption
The initiatives aim to catalyse greater activity in SORA markets, safeguard the benchmark’s integrity and enhance market confidence in SORA.
August 6, 2020 -
861Market 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
