Bank Offering Rate (“BOR”)
The Bank Offering Rate (“BOR”) is a proprietary rate administered
by Bank J. Safra Sarasin Ltd. (or any other member of the J. Safra Sarasin group of companies which
takes over the administration of that rate) (“Administrator”) and made available
on each bank working day in Zurich at 14:30 Zurich time on Thomson Reuters, SIX or on such other service
or page as determined by the Administrator from time to time, for the following currencies and reference
periods:
| Name | Rate | Date |
|---|---|---|
| CHF BOR Curve 6 Month | -0.708221 | 12.04.2021 |
| EUR BOR Curve 6 Month | -0.518919 | 12.04.2021 |
| USD BOR Curve 3 Month | 0.184438 | 12.04.2021 |
| GBP BOR Curve 6 Month | 0.105027 | 12.04.2021 |
Disclaimer:
Our Bank Offering Rate (“BOR”) is a proprietary rate determined and administered
by Bank J. Safra Sarasin Ltd. (or another member of the J. Safra Sarasin group of companies (“JSS Group”)
which takes over the administration of that rate) (“Administrator”) and is used exclusively to determine
interest rates applicable to credit granted or promised to be granted by Bank J. Safra Sarasin Ltd.
(“Bank”) or other members of the JSS Group in the course of their business to their respective clients.
BOR is published solely for informative purposes and shall not be used for any commercial purposes without
prior written consent of the Bank. The Bank reserves the right – at any time and without notice – to
discontinue publication of BOR or to make data related to BOR available in another form or through other
means of communication (be it temporarily or permanently).
The rates published on this website neither constitute a solicitation
nor an offer (i) to borrow, lend or enter into any other credit transaction, (ii) to buy, hold or sell
financial instruments or (iii) to enter into any other contracts, trades, products, investments or transactions
based on those rates. The contents made available on this website do not constitute any recommendation
or decision support for your investment and other decisions and are in no way advisory in nature.
In case of a discrepancy between a published rate and BOR as determined
by the Administrator, BOR as determined by the Administrator shall prevail. The Administrator relies
on third-party data to determine BOR. Neither the Administrator nor the Bank shall be held liable for
any error, incompleteness or inaccuracy in such data, or for any delay or failure of any third party
in making available or updating such data.
Neither the Administrator nor the Bank shall be held liable towards third
parties relying on or using BOR for their own purposes in any financial instrument, contract, trade
or any other commercial activity or investment decision (other than financial instruments, contracts,
trades or investments with the Bank), and neither the Administrator nor the Bank make, and shall be
deemed to have made, any representations or warranties, express or implied, for the completeness, accuracy
and timeliness in determining and publishing BOR, for the means of communicating BOR or for its fitness
for the purpose of such third parties. Neither the Administrator nor the Bank accepts any liability
or responsibility for any loss, damage, expense or claim (including, but not limited to any direct,
indirect or consequential loss, whether or not such loss is foreseeable and whether or not the Administrator
or, respectively, the Bank has been apprised of the use to which BOR will be put), however arising,
from reliance on, use of or inability to use BOR by third parties.
This disclaimer is not intended to limit or exclude the liability of
the Administrator or the Bank for matters which cannot be excluded under the applicable laws.