Indicative Yield
11.3%
Bid 10.8% · Ask 11.3%
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Market prices, positions, participants and transactions are simulated for demonstration purposes.
THEORI-CLM-SG-RF27
Singapore Extreme Rainfall Disruption
Parametric protection against extreme rainfall causing operational disruption across Singapore.
ClimateSingaporeOpen
Implied Probability
19.6%
Historical frequency 16.9%
Total Notional
$36M
$8.4M available
Maturity
31 Jan 2027
Continuous rolling 24-hour observation window
Contract Definition
Objective terms governing observation and settlement.
Trigger
Rolling 24-hour rainfall at Paya Lebar Airport reaches or exceeds 120 mm.
Geographic Scope
Singapore
Observation Period
Continuous rolling 24-hour observation window
Data Source
NEA rainfall observations via data.gov.sg
Indicative Market History
Illustrative yield and probability movements.
Historical pricing chart workstream pending
Settlement
Cash settlement following verification that the contracted rolling rainfall threshold has been reached.
AI Risk Brief
Current pricing reflects elevated seasonal uncertainty
The current indicative premium is above the historical event frequency, reflecting recent forecast conditions, elevated energy-market sensitivity and constrained available capacity.