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It is starting to feel as if we are nearing the end of a long climb, in fact the end of a long period of uncertainty, for financial institutions and businesses alike, on how to deal...
Administered by the Monetary Authority of Singapore, interest rate benchmark SORA now indexes derivatives worth over S$200 billion and loans amounting to S$10 billion. Read more at straitstimes.com.
Borrowers with floating-rate mortgages have to switch out of their loans as SOR and SIBOR will be discontinued in 2023 and 2024, respectively . Read more at straitstimes.com.
THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. If Noteholders are in any doubt about any aspect of the proposals in this notice and/or the action they should take, they are recommended to seek their own financial advice immediately from their broker, bank manager, solicitor, accountant or other financial adviser authorised under the Financial Services and Markets Act 2000 (if they are in the United Kingdom) or from another appropriately authorised independent financial adviser and such other professional adviser from their own professional advisers as they...
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