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3-month Sibor barely moves after Fed hike but situation won't last

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The key three-month Sibor or Singapore interbank offered rate barely moved on Thursday, rising a tiny 0.001 percentage point to 1.13375 per cent from Wednesday's 1.13275 per cent, following the overnight rate hike in the US.

Singapore

THE key three-month Sibor or Singapore interbank offered rate barely moved on Thursday, rising a tiny 0.001 percentage point to 1.13375 per cent from Wednesday's 1.13275 per cent, following the overnight rate hike in the US.

But borrowers are unlikely to get off so easily

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