ISSUANCE of loans and securities linked to the Swap Offer Rate (SOR) that mature after end-2021 will need to cease by April next year, in a push by a financial industry-led committee to shift away from the use of SOR to the Singapore Overnight Rate Average (Sora) in financial products.
- Advertisement -
Most Popular
Death toll rises to four in Red Sea Houthi ship attack: EU naval force
At least four people are dead, according to the European Union naval force, after a Houthi attack on a cargo ship in the Red...
