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Overnight Financing Rate

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  • Cities
  • Lah!

DBS Completes Singapore’s First USD SOFR-linked Export Financing Transaction With Global Agri-Business Bunge

  • June 25, 2021
DBS has completed Singapore’s first export financing transaction referencing the USD Secured Overnight Financing Rate (SOFR)[1] with global food and agri-business, Bunge. This USD 25 million transaction, priced off SOFR Averages,…
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