1-month Compounded SORA;
3-month Compounded SORA
REFERENCE rATE
3-month Compounded SORA
cUSTOMER mARGIN
Ranging from:
Y1: 0.9% to 1.20% p.a.
Y2: 0.9% to 1.30% p.a.
Y3 onwards: 1.00% - 1.40% p.a.
Your existing SOR loan margin
+ relevant Adjustment Spread (Retail) e.g. July 1, 2022 adjustment spread for 3-month SOR to 3-month Compounded SORA is at 1.0063%.
Other SORA-based Loans
SORA Conversion Package
REFERENCE rATE
cUSTOMER mARGIN
1-month Compounded SORA;
3-month Compounded SORA
3-month Compounded SORA
Othe
SORA-based Loans
SORA Conversion Package
Ranging from:
Y1: 0.9% to 1.20% p.a.
Y2: 0.9% to 1.30% p.a.
Y3 onwards: 1.00% - 1.40% p.a.
Your existing SOR loan margin
+ relevant Adjustment Spread (Retail) e.g. July 1, 2022 adjustment spread for
3-month SOR to 3-month Compounded SORA is at 1.0063%.
Lock-In Period
Ranging from 1 to 2 years
None
(Do note that these rates are indicative, and the packages offered by your bank may differ)
Comparison table of SORA Conversion Package, which is the same across all banks, and other SORA-based Loans. SOURCE: ABS
(Do note that these rates are indicative, and the packages offered by your bank may differ)
Lock-In Period
Ranging from 1 to 2 years
None