Singapore’s three-month interbank loan rate fell the most in 11 months as record economic growth on the island and signs of expansion globally bolstered confidence in the nation’s lenders.So-called Sibor, which banks charge each other to borrow in U.S. dollars, fell 1.4 basis points to 0.466 percent when the rate was fixed at 11 a.m. local time. The decline, the largest since Aug. 31, brought the figure to the lowest level since May. Full Story
