As of 25 February 2025, the SOR & SIBOR to SORA website is no longer updated. Nonetheless, past announcements and publications continue to play a key role in supporting a robust reference rate system and continued industry adoption.
Media Release: Banks Successfully Complete Interest Rate Benchmark Transition from SOR and SIBOR to SORA (25 February 2025)
Media Release: Final Transition Approach for SIBOR Loans to SORA (30 June 2023)
Media Release: SIBOR to SORA Transition Commences (15 March 2023)
Media Release: Industry Steering Committee Finalises the Key Settings of the MAS Recommended Rate and Supplementary Guidance for Active Transition of Legacy Wholesale Market SOR Contracts to SORA (18 July 2022)
Media Release: Central Clearing of SORA Derivatives Extended to 31-Year Tenor (20 June 2022)
Media Release: Consultation on Adjustment Spreads for the Transition of Legacy SOR Contracts in Wholesale Markets (18 May 2022)
Media Release: Recommendations for Transition of Legacy SOR Contracts (29 July 2021)
Media Release: New Timelines to Cease Issuance of SOR Derivatives and SIBOR-Linked Financial Products (31 March 2021)
Media Release: Central Clearing of SORA Derivatives Extended to 21-Year Tenor (22 February 2021)
Media Release: Industry Steering Committee Announces Further Measures to Boost SORA Transition (02 February 2021)
Media Release: Key Financial Industry Committees Set Out Timelines For SIBOR Discontinuation (11 December 2020)
Media Release: Industry Steering Committee Announces Timelines to Cease Issuance of SOR-linked Financial Products, and Publishes Market Guidance to Support Transition to SORA (27 October 2020)
Media Release: SC-STS Outlines Role of Fallback Rate Arrangements for SOR Derivatives (01 September 2020)
Media Release: Joint Industry Consultation on the SIBOR Reform and a Shift to a SORA-centered SGD Interest Rate Market (29 July 2020)
Media Release: Singapore Makes Significant Progress in Preparing for the SOR to SORA Transition (29 June 2020)
Media Release: SC-STS Welcomes Launch of Central Clearing for SORA Derivatives (19 May 2020)
Media Release: Industry Steering Committee Sets Out Key Priorities to Achieve Smooth Transition to SORA (19 March 2020)
Media Release: ABS-SFEMC consults on the roadmap for transition of interest rate benchmarks: From SOR to SORA (30 August 2019)
Media Release: MAS sets up steering committee to drive the interest rate benchmark transition from SOR to SORA (30 August 2019)
Media Release: OCBC Bank and Standard Chartered complete first longer-tenor Singapore Overnight Rate Average (SORA) Overnight Indexed Swap (OIS) trade (07 July 2022)
SOR Compression Conversion Cycle Forecast (02 November 2021)
Media Release: DBS and Standard Chartered execute Singapore's first SORA-referenced interbank option trade (28 May 2021)
Media Release: UOB survey - More than 60 per cent of property loan customers say they are drawn to the stability of SORA-based interest rates (06 April 2021)
Media Release: UOB advances Singapore’s SORA transition with the first capital securities resettable against SORA Overnight Indexed Swap rate (08 January 2021)
Media Release: OCBC partners Tong Eng Group on Singapore’s First SORA-based Green Loan (18 November 2020)
Media Release: OCBC extends first SORA-based loan in energy sector to Sembcorp Industries (20 October 2020)
Media Release: Olam secures Singapore’s first SORA-pegged club loan of SGD200 million with DBS and ICBC (28 September 2020)
Media Release: UOB collaborates with CapitaLand on Singapore’s first dual tranche SORA-SOFR loan (03 September 2020)
Media Release: DBS launches Singapore’s first SORA-pegged business property mortgage loan (03 September 2020)
Media Release: Wilmar and DBS ink Singapore’s first SORA-based loan for the agribusiness industry (27 August 2020)
Media Release: OCBC Bank's new 3M Compounded SORA for Home Loans (18 August 2020)
MAS Announces Key Initiatives to Support SORA Adoption (05 August 2020)
OCBC Bank launches Singapore's first SORA-based home loan (13 July 2020)
OCBC Bank partners CapitaLand on Singapore’s first SORA-based loan (16 June 2020)
DBS Bank Ltd. prices the market’s first Singapore Overnight Rate Average (SORA)-referenced Notes (06 May 2020)
OCBC Bank and Standard Chartered complete Singapore’s first Overnight Indexed Swap (OIS) trade based on the Singapore Overnight Rate Average (SORA (14 November 2019)