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It is an alternative to Singapore Interbank Offered Rate (SIBOR) which is a measure of the interbank money market rates. [1] As of December 2018, SOR is measured and published periods of overnight, 1 month, 3 month, and 6 month. Like SIBOR, SOR is set by the Association of Banks in Singapore, and is also publicly available. [2]
Under the Constitution, the president must be a Singaporean citizen, non-partisan and elected by a popular vote. The incumbent president is Tharman Shanmugaratnam, who took office on 14 September 2023 after being duly elected in the 2023 presidential election with 70.41% of the vote.
Regular T-bills are commonly issued with maturity dates of 4, 8, 13, 17, 26 and 52 weeks, each of these approximating a different number of months. Treasury bills are sold by single-price auctions held weekly.
Website. www .mas .gov .sg. The Monetary Authority of Singapore or ( MAS ), is the central bank and financial regulatory authority of Singapore. It administers the various statutes pertaining to money, banking, insurance, securities and the financial sector in general, as well as currency issuance and manages the foreign-exchange reserves.
A one-year T-bill is now yielding 5.36% versus 3.09% a year ago. A six-month T-bill was at 5.52% compared with 3% a year ago, and the three-month T-bill was yielding 5.53%, up from 2.56% a year ...
Armed conflicts and attacks. Russian invasion of Ukraine. Attacks in Russia during the Russian invasion of Ukraine. August 2024 Kursk Oblast incursion. Ukraine reports capturing 82 Russian settlements within an area of 1,150 square kilometres (440 sq mi) since the start of the Kursk incursion on August 6.
[6] Under the 1966 Vandalism Act, originally passed to curb the spread of political graffiti and which specifically penalized vandalism of government property, [3] Fay was sentenced on March 3, 1994, to four months in jail, a fine of S$3,500 (US$2,230 or £1,450 at the time), and six strokes of the cane.
As of Jan. 25, 2024, yields for 3-, 6- and 12-month T-bills were 5.36%, 5.21% and 4.76%, respectively. Note that interest on treasury bills is not taxable at the state or local level, so the final ...