SOR: Difference between revisions
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Abbreviation for the Singapore Offer Rate in Singapore dollars (SGD). | Abbreviation for the Singapore Offer Rate in Singapore dollars (SGD). | ||
SOR indicates the cost of borrowing SGD by: | SOR indicates the cost of borrowing SGD by: | ||
Revision as of 15:26, 15 September 2021
Interest rates - reference rates - Singapore dollars.
Abbreviation for the Singapore Offer Rate in Singapore dollars (SGD).
SOR indicates the cost of borrowing SGD by:
- Borrowing USD, and then
- Swapping the USD borrowing into an SGD borrowing using an appropriate swap.
