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3-month Sibor falls to year's low, renewing battle in home-loan market

Sibor, which has barely moved in the last few months, hits 0.87067% on Thursday

Published Thu, Oct 6, 2016 · 09:50 PM
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Singapore

THE three-month key Singapore interbank offered rate or Sibor has finally cracked, weighed down by domestic liquidity - and DBS Bank has wasted no time in offering cheaper home loans.

Sibor fell to the year's low on Thursday to 0.87067 per cent, from 0.87242 per cent the day before.

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