SIBOR - Definition

SIBOR stands for the Singapore Interbank Offered Rate and is the rate of interest at which banks borrow funds from other banks in the Singapore wholesale (or "interbank") money market. Using this interbank rate is more common in the Asian region and set by the Association of Banks in Singapore (ABS).

See also

• LIBOR

External links

• Association of Banks in Singapore (ABS) (http://www.abs.org.sg)
• Asian Bonds Regional Market Activities Reference Rates (http://asianbondsonline.adb.org/regional/market_activities/reference_rates.php)