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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

33704207.10 (39921429) - 20_09_2016 - pixgeneric.jpg
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.

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