Singapore prepares move to new interest rate benchmark | Video
Singapore prepares move to new interest rate benchmark | Video
19 Mar 2020 11:21pm
Banks in Singapore aim to start active Singapore Overnight Rate Average (SORA) derivatives trading in the second half of the year, as the city-state prepares a transition to new benchmark interest rates in line with a global trend, industry and regulatory officials said on Thursday (Mar 19). Brandon Tanoto reports.
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