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Three-month Sibor up for third straight day

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Published Wed, Nov 16, 2016 · 09:50 PM

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Higher still

Singapore

THE key three-month Sibor (Singapore interbank offered rate) rose for the third consecutive day on Wednesday, in line with rising interest rates globally.

Used to price mortgages, the three-month Sibor climbed to 0.92 per cent from 0.91 per cent on Tuesday and 0.88 per cent on Monday. Until Monday, it had flatlined at 0.87 per cent since July.

SiborUOB

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