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Sibor, SOR up ahead of Fed decision and seasonal factors

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Published Wed, Dec 14, 2016 · 09:50 PM

    Singapore

    LOCAL interest rates rose on Wednesday, a day before the US Federal Reserve makes its last interest rate announcement for the year.

    The key 3-month Sibor (Singapore interbank offered rate) typically used to price home loans rose to 0.932 per cent, up 0.006 from 0.926 per cent on Tuesday. The latest move brings the 3-month Sibor back to where the interest rate was in early July. The high in 2016 was 1.254 per cent on Jan 19.

    SiborDBSUOB

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