Swap Offer Rate (SOR)

UOB prices Singapore's first capital securities with reset coupon rate that references SORA Overnight Indexed Swap rate - THE EDGE SINGAPORE

Banking & finance

UOB prices Singapore's first capital securities with reset coupon rate that references SORA Overnight Indexed Swap rate

The securities are priced at a coupon of 2.25% per annum, 181 basis points above the prevailing five-year SORA-OIS as at Jan 7.
Sasseur REIT posts 7.6% higher DPU for 3Q to 1.764 cents on higher EMA rental income - THE EDGE SINGAPORE

Results

Sasseur REIT posts 7.6% higher DPU for 3Q to 1.764 cents on higher EMA rental income

Quarter-on-quarter, DPU was up 16.7% from the 1.512 cents posted in 2QFY2020.
PhillipCapital is 'neutral' on Singapore banking sector, while UOB Kay Hian remains upbeat - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital is 'neutral' on Singapore banking sector, while UOB Kay Hian remains upbeat

As at 4.30pm, shares in DBS, OCBC, and UOB are trading 1.62% up, 1.28% up and 1.23% up, at $21.39, $8.70 and $19.70 respectively.

Banking & finance

CIMB Bank Singapore maintains SIBOR and SOR floor rate at 0.1%, offers 'lowest fixed rates for SIBOR and SOR packages'

CIMB Bank Singapore announced Wednesday (June 3) that it will reduce its deposit rates and cost of deposits.

Markets

Singapore's benchmarks get seal of approval from European Union

(July 31): The European Commission’s seal of approval for Singapore financial benchmarks will allow companies in the European Union to continue trading derivative products linked to the city state’s benchmark interest rates, Singapore’s financial re
Singapore banks

Broker's Calls

Singapore banks still ‘negative’ despite rally since Trump victory

SINGAPORE (Dec 5): Maybank Kim Eng is keeping its “negative” rating on the Singapore banks sector, despite local banks DBS, OCBC and UOB rallying between approximately 8-18% since Donald Trump’s US presidential election victory in Nov.
Singapore banks

Broker's Calls

DBS the only ‘buy’ ahead of Singapore banks’ 3Q results: Deutsche

SINGAPORE (Oct 26): Deutsche Bank Markets Research says it expects “little change” in the fortunes of Singapore banks in their upcoming 3Q16 earnings announcements on the back of slowing revenue momentum.
×