SORA Reference Rate definition

SORA Reference Rate means, in respect of any Singapore Business Day “x”, a reference rate equal to the daily Singapore Overnight Rate Average published by the Monetary Authority of Singapore (or a successor administrator), as the administrator of the benchmark, on the Monetary Authority of Singapore’s website currently at http://www.mas.gov.sg, or any successor website officially designated by the Monetary Authority of Singapore (or as published by its authorised distributors) (for the purposes of this sub-paragraph (B)(V)(i), the “Relevant Screen Page”) on the Singapore Business Day immediately following such Singapore Business Day “x”;
SORA Reference Rate means the SORA Compounded Reference Rate.
SORA Reference Rate means, in respect of any Singapore Business Day, the daily Singapore Overnight Rate Average (SORA) rate for such Singapore Business Day as provided by the Monetary Authority of Singapore (or a successor administrator of SORA) to authorised distributors (the SORA authorised distributors) and as then published on the Relevant Screen Page (or, if the Relevant Screen Page is unavailable, as otherwise published by the SORA authorised distributors) on the Singapore Business Day immediately following such Singapore Business Day. If, in respect of any Singapore Business Day, the applicable SORA Reference Rate is not made available on the Relevant Screen Page (or has not been otherwise published by the SORA authorised distributors) by 5.00 p.m. Singapore time, then the SORA Reference Rate in respect of such Singapore Business Day shall be the SORA Reference Rate published on the Relevant Screen Page (or as otherwise published by the SORA authorised distributors) for the first preceding Singapore Business Day on which the SORA Reference Rate was published on the Relevant Screen Page (or as otherwise published by the SORA authorised distributors); and

More Definitions of SORA Reference Rate

SORA Reference Rate means, in respect of any Singapore Business Day “x”, a reference rate equal to the daily Singapore Overnight Rate Average published, displayed

Related to SORA Reference Rate

  • SOFR Reference Rate means, in respect of any U.S. Government Securities Business Day, a reference rate equal to the daily secured overnight financing rate (“SOFR”) for such U.S. Government Securities Business Day as provided by the Federal Reserve Bank of New York, as the administrator of such rate (or any successor administrator of such rate) on the website of the Federal Reserve Bank of New York currently at http://www.newyorkfed.org, or any successor website of the Federal Reserve Bank of New York or successor administrator (on or about 8:00 a.m., New York City time, on the U.S. Government Securities Business Day immediately following such U.S. Government Securities Business Day).