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
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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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