In a surprising development, the Singapore dollar Swap Offer Rate (SOR) turned negative for the first time on August 10th due to inflows into the Singapore dollar. In this article we’ll explore what the SOR is, why it turned negative, and what impact that has on the...
Have a question about Singapore property? Ask Mr. Propwise (AMP)! Hi Mr. Propwise, Can you elaborate on the SOR? I’m about to sign up for an SOR tagged home loan. Is this likely to rise more or less compared to an SIBOR tagged loan? Thanks in advance Mrs. Tan Hi...
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