With the first interest rate swap transaction referencing the new Singapore Overnight Rate Average, the island state hopes to stay ahead of regional peers.
TMA published feedback from market participants on HONIA as the successor to HIBOR in late December but unlike its US counterpart SOFR, Asian businesses are taking time to adapt
Hong Kong's first trade backed by the Libor alternative HONIA is giving corporate treasurers a clearer view of how benchmarks may operate in a world without Libor
Oct 30, 2019
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