Making sense of Sibor and Sora

The Singapore Interbank Offered Rate is set to transition to a new benchmark in three to four years

DBS, OCBC and UOB are part of the 20 member banks that contribute to the calculation of Sibor.
DBS, OCBC and UOB are part of the 20 member banks that contribute to the calculation of Sibor.ST PHOTO: CHONG JUN LIANG

(For clarity and accuracy, the writers have made various changes to their original report. The final version is reproduced here.)

There has been much talk about Sibor and Sora lately. Here is how they matter to you. 

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A version of this article appeared in the print edition of The Sunday Times on August 23, 2020, with the headline 'Making sense of Sibor and Sora'. Subscribe