Sora

Zest

Singapore bids Libor farewell with surge in Sora derivatives

Libor is being published for the last time on Friday.
Will Sora raise SREITs interest costs?  - THE EDGE SINGAPORE

Right Timing

Will Sora raise SREITs interest costs?

Sora is unlikely to affect S-REITs' funding costs. More likely rising rates are likely to raise interest expense

Right Timing

The Straits Times Index remains under pressure

Although Sora and yields on 10-year SGS are off their highs, the STI is likely to remain under pressure

Right Timing

Sora is at year-high but CDL, UOL have fallen and are nearing supports

Although Sora is at a 1-year high, CDL and UOL share prices have fallen ahead of higher interest rates

Right Timing

Risk-free rates retreat but this could be temporary

Local risk-free rates stage temporary retreat triggering a REIT rebound, but Sora continues its upward climb
DBS Group Research ups Singapore's FY2020 growth forecast, says recovery 'underway' but remains uneven - THE EDGE SINGAPORE

Singapore economy

DBS Group Research ups Singapore's FY2020 growth forecast, says recovery 'underway' but remains uneven

Seah expects an upward revision of headline GDP growth for 3Q2020 to -5.4% y-o-y in 3Q2020 from the 13.3% contraction in 2Q2020.

Financially Savvy

Hidden risks of transitioning out of Libor; NIMs could come under pressure

As banks transition from interbank offer rates to risk-free rates, their net interest margins could come under further pressure

Financially Savvy

The mechanics of moving from Sor to Sora

MAS and local banks are transitioning to Sora as Sor and Sibor are being gradually phased out
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