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Q&A for work. Connect and share knowledge within a single location that is structured and easy to search. Learn more 2020-10-21 ISSUANCE of loans and securities linked to the Swap Offer Rate (SOR) that mature after end-2021 will need to cease by April next year, in a push by a financial industry-led committee to shift away from the use of SOR to the Singapore Overnight Rate Average (Sora) in financial products. Finance SOR abbreviation meaning defined here. What does SOR stand for in Finance?

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Having an understanding at least basics about these rates can go a long way when it comes to your home loan packages. Here’s guide to help you better understand SIBOR and SOR. By Paul Ho In the world of home As you can see in the below chart, SOR has more or less moved in line with SIBOR since 1999. Both rates following the during the Great Recession and then stayed very low from 2009 through 2014. In more recent years, both SIBOR and SOR increased slowly, with 3-month SOR reaching 1.58% in May 2018 before lowering briefly due to COVID-19.

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