SIBOR refers to
A. static interest bonds offered rate
B. Singapore international bonds offered rate
C. simple interest bearing offshore rate
D. Singapore interbank offered rate
Answer: Option D
Solution(By Examveda Team)
SIBOR refers to Singapore interbank offered rate. It 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).This Question Belongs to Management >> International Finance And Treasury
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