News
Credit & Fixed Income
The shifting dynamic between Japanese & US Bond markets
By Akshay Gupta
13 Oct 2025
FX & Money Markets
The September rate cut: what the Repo Market knew before the Fed announced
By Jake Harmon
3 Oct 2025
Energy & Commodities
Real-Time and EOD data from TraditionData: navigate Middle Distillate markets confidently
By Francesca Marrone
25 Sep 2025
Interest Rate Derivatives
Tracking BOT policy shifts with TraditionData’s THB OIS and IRS coverage
By Saracen Fletcher
23 Sep 2025
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The Singapore Overnight Rate Average (SORA) is the volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market in Singapore. This alternative reference rate has gained significant traction in the market, as financial institutions look for solutions to replace the fading benchmark of LIBOR.
SORA is based on actual transactions in the market, making it more representative of the current market conditions. Lastly, it is administered by the Monetary Authority of Singapore (MAS), which provides a level of assurance to market participants regarding its accuracy and reliability.
SORA offers a number of unique features that make it a valuable tool for financial services professionals. These features include:
As a reference rate for pricing financial products such as bonds, loans, and derivatives.
As a benchmark rate for determining interest payments on savings and deposit accounts.
As a basis for determining the exchange rate between the Singapore dollar and other currencies.
As a benchmark for benchmarking fund performance.
As a reference rate for assessing the creditworthiness of borrowers.
Insight
The importance of high-quality OTC data in navigating inflationary uncertainty
By Ian Sams
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Tradition appointments to the CFTC Global Markets Advisory Committee (GMAC) & associated Subcommittees
By TraditionData
27 Jul 2023
Data insights key for financial players to capitalise on SORA
27 Jun 2023
Rates market turmoil boosts demand for modelled LIBOR alternatives
17 May 2023