Both chart and data for 3 month and 1 month sora indicates that sora have peaked and will continue to drop to lower levels in 2025. Local interest rates have fallen by about 50 per cent since 2024 The singapore overnight rate average or sora is the weighted average rate of all s$ overnight cash transactions brokered in singapore between 9 am and 6.15 pm
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Sora for a given business day in singapore is published on the next business day in singapore.
Sora is actually a more reliable and transparent benchmark rate than sibor
For the past trend of both sibor and compounded sora, check out the historical chart.
