SIBOR 新加坡银行间放款利率 SingaporeInterbankOfferedRate的简称, 又称为亚洲美元市场(*Asiandollarmarket), 指在新加坡之亚洲美元市场间拆放款的利率。 其利率是以纽约市场及伦敦欧洲美元市场前一天的收盘利率(closingrate)作为开盘利率, 其后则由市场供需决定。 一般而言,SIBOR较伦敦银行间拆放款利率(*LIBOR)略高,...
Business DictionarySIBOR/ˈsiːbɔː-ɔːr/nounSingaporeInter-Bank OfferedRate; the rate at whichbanksin Asialendmoney to each other, used as astandardfor otherloansThe bank’s loan to the Vietnamese company is priced at 185 basis points over SIBOR.→compareEuribor,FIBOR,LIBOR ...
Since the Asian currency crisis in 1997, concerns overvolatilityand even liquidity grew to a point where the value of some interest rate benchmarks, especiallyHIBORin the Hong Kong Market, is questioned. In Europe, theSterling Overnight Interbank Average rate(SONIA) replaced LIBOR as the benchma...
SC-STS recommended that the CAS be based on the five-year historical median spreads between SIBOR and compounded SORA, noting in a paper published by SC-STS on June 30, 2023 that it is aligned to the international convention adopted for the transition of LIBOR and other interest rate benchma...
on a current basis, (i) any requests for the conversion of any Borrowing to, or continuation of any Borrowing as, a LIBOR or SIBOR Borrowing shall be ineffective, and (y) if any Borrowing Request requests a LIBOR or SIBOR Borrowing, such Borrowing shall be made as an Base Rate Borrowing...
SIBOR rate is the Singapore equivalent to the globally known London Interbank Offered Rate (LIBOR). In the Singapore context, when SIBOR fluctuates, it inevitably makes people think about their housing loans since a number of mortgage lenders benchmark their housing loan products to the current SIB...
The UK's FSA today revealed it is considering scrapping Libor. Lawyers in Tokyo and Singapore expect Tibor and Sibor amendments to follow those made in the UK and US [ FROM AUTHOR]LeeAshleyEBSCO_bspInternational Financial Law Review