21/03/2023
All Sibor retail loans to be converted to reference Sora in June 2024
ALL outstanding Singapore Interbank Offered Rates (Sibor) retail loans will automatically be converted to reference Singapore Overnight Rate Average (Sora) in June 2024, said the steering committee for Sor & Sibor transition to Sora (SC-STS) on Wednesday (Mar 15). Read more at The Business Times.