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Jul 16, 2010

SIBOR Rates 2010

SIBOR Rates 2010

For those who are curious as to what are SIBOR Rates 2010, this post should help you understand what SIBOR rates 2010 are about.

The "SIBOR" in SIBOR Rates 2010 refers to the Singapore Interbank Offered Rate.

SIBOR is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Singapore wholesale money market (or interbank market).

SIBOR Rates 2010 can be calculated overnight, or in periods of 1-week, 1 month, 2 month, 3 month, 6 month or 12 month.

SIBOR Rates 2010 that are used by banks for calculating mortgages are the 3-month SIBOR rates or the 12-month SIBOR rates. You should check with your bank when you sit down to prepare your loan documents.

We provide the historical SIBOR Rates 2010 for the 3-Month Interbank Rate. Sibor rates are at the end period of the month as shown below. SIBOR Rates quoted as % p.a.

SIBOR RATES 2010:

Jan= 0.69
Feb= 0.69
Mar= 0.69
Apr= 0.63
May= 0.56
Jun= 0.56




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Housing Loan Rate

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