The interest rate benchmark for UOB’s GBP350 million (S$650.4 million) floating rate covered bonds due 2023 has been changed from sterling London Interbank Offered Rate (Libor) to the compounded daily Sterling Overnight Interest Rate Average, the bank announced on Thursday (Sonia)./n
Read MoreUOB to use new benchmark for GBP350m floating-rate covered bonds
2021-07-01T21:50:00-04:00July 1st, 2021|