Libor: This APAC country sets up a steering committee to deal with transition
Future CFO
SEPTEMBER 1, 2019
While the SOR relies on the US dollar-Libor in its computation methodology, the SOR is a key interest rate benchmark in Singapore used in the pricing of SGD interest rate derivatives, commercial and retail loans, and other financial products. In addition, the three-month SOR is a benchmark for pricing corporate loans.
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