Three-month Sibor jumps to new multi-year high as 2015 closes
Rate of 1.18513 per cent is 2.6 times higher than a year ago - a bane for many home buyers
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Singapore
THE key three-month Sibor jumped to a new multi-year high of 1.18513 per cent, up 0.04978, on Thursday, the last day of 2015.
At 1.18513 per cent, the Singapore interbank offered rate which is typically used to price home loans is 2.6 times higher than a year ago.
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