SIBOR refers to

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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).

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SIBOR refers to

SIBOR refers to

Solution(By Examveda Team)

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