Singapore Three Month Interbank Rate was at 0.56 percent on Wednesday July 1.

Interbank Rate in Singapore averaged 1.72 percent from 1995 until 2020, reaching an all time high of 9.84 percent in January of 1998 and a record low of 0.34 percent in September of 2011. This page provides - Singapore Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Three Month Interbank Rate - values, historical data and charts - was last updated on July of 2020. source: Development Bank of Singapore

Interbank Rate in Singapore is expected to be 0.57 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Singapore to stand at 0.97 in 12 months time. In the long-term, the Singapore Three Month Interbank Rate is projected to trend around 0.97 percent in 2021, according to our econometric models.

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Singapore Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.56 0.56 9.84 0.34 1995 - 2020 percent Daily

Singapore Money Last Previous Highest Lowest Unit
Interest Rate 0.09 0.27 20.00 -0.75 percent [+]
Money Supply M0 50852.90 50628.80 50852.90 1133.10 SGD Million [+]
Money Supply M1 224327.30 213048.20 224327.30 1202.00 SGD Million [+]
Interbank Rate 0.56 0.56 9.84 0.34 percent [+]
Money Supply M2 683825.70 659002.80 683825.70 6182.30 SGD Million [+]
Money Supply M3 697912.00 673254.40 697912.00 6878.30 SGD Million [+]
Foreign Exchange Reserves 425417.00 424828.10 425417.00 4174.40 SGD Million [+]
Banks Balance Sheet 1518081.20 1484990.80 1518081.20 1509.90 SGD Million [+]
Loans to Private Sector 685262.80 689651.70 692846.00 16439.80 SGD Million [+]
Deposit Interest Rate 0.22 0.24 12.80 0.13 percent [+]
Central Bank Balance Sheet 410319.00 407601.70 416258.30 271915.00 SGD Million [+]


Singapore Three Month Interbank Rate
In Singapore, the interbank rate is the rate of interest charged on short-term loans made between banks..