We are taking the low SIBOR rates for granted

[Runifyouhaveto]

saw this on a financial portal, Zerohedge.

what are they hinting?

 

[Runifyouhaveto]

RUN knows it is inevitable to use some OD in the course of business
Some bank RM are going around to customers' OD facilities.
SME bosses should try to apply for more OD facilities with other banks to standby.

 

[Runifyouhaveto]

Sibor and SOR data subject to usage charges from Oct 1
http://www.channelnewsasia.com/news/singapore/sibor-and-sor-data/1941372.html
The usage of Singapore Interbank Offered Rate (Sibor) and Swap Offer Rate (SOR) data in valuation and pricing activities will be subject to a monthly fee of US$1,500 (S$2,000) each for subscribers from Oct 1. It added that subscribers who receive real-time Sibor and SOR data from a market data vendor will also be required to pay end user fees of US$5 each per month.





maximum sianzzzZZZZ

 

[dancingshoes]

Sibor and SOR data subject to usage charges from Oct 1
http://www.channelnewsasia.com/news/singapore/sibor-and-sor-data/1941372.html
The usage of Singapore Interbank Offered Rate (Sibor) and Swap Offer Rate (SOR) data in valuation and pricing activities will be subject to a monthly fee of US$1,500 (S$2,000) each for subscribers from Oct 1. It added that subscribers who receive real-time Sibor and SOR data from a market data vendor will also be required to pay end user fees of US$5 each per month.





maximum sianzzzZZZZ

in sinkieland, everything is about money, there is truth in this sentence.

 

[Runifyouhaveto]

UOB Home Loan Promotion Fixed 1-year at 1.88% this week.
But CIMB offers 1.8% for 12-months FD (Quantum $100000)

Very likely that interest rates are resuming uptrend in the next few months.

 

[Runifyouhaveto]

Quote: Sibor will test 1.3 per cent this year, and a potential MAS easing may push it to 1.5-2.0 per cent, said Commonwealth Bank of Australia's Asian currency analyst Andy Ji.

http://www.reuters.com/article/2015/08/17/singapore-cenbank-policy-idUSL3N10730420150817

 

[gingerlyn]

if my loan is sgd1million, how much additional monthly instalment per month?

 

[Runifyouhaveto]

if my loan is sgd1million, how much additional monthly instalment per month?

Let's say $1mio outstanding
SIBOR up 0.5% = $5000 more for 12months

$416 per month more = one less pack of cigarette per day
sup sup water for sis gingerlyn

 

[Runifyouhaveto]

Please thread carefully
Sibor jumps to 5-month high of 0.996%
http://www.straitstimes.com/business/banking/sibor-jumps-to-5-month-high-of-0996

Macro Interest Rates Up, Bond prices down.

Retail bonds FCL Treasury 3.65% & Genting 5.125%
fell below par (considering accrued interests)

 

[dancingshoes]

Please thread carefully
Sibor jumps to 5-month high of 0.996%
http://www.straitstimes.com/business/banking/sibor-jumps-to-5-month-high-of-0996

Macro Interest Rates Up, Bond prices down.

Retail bonds FCL Treasury 3.65% & Genting 5.125%
fell below par (considering accrued interests)

bro RUN, why does sibor rate up when all economies are not doing well? and shouldn't bond prices be up when there is anticipation of recession?

 

[Runifyouhaveto]

bro RUN, why does sibor rate up when all economies are not doing well?

On the contrary,
SIBOR is up a tiny bit compared to SOR.
3-month SOR is at appx 1.13% vs 3-month SIBOR 1.0%
SOR do frequently trade below SIBOR in recent years

I interpret that when we allow SOR widen the gap (higher) against SIBOR,
policymakers wants to slow down the hike in SIBOR as much as possible and at the expense our SGD strength against USD.

It makes sense:
- Higher SIBOR hikes to defend SGD will bust many singaporeans' taking property loans
- Weaker SGD can make us more competitive and limits retrenchment in the currency war.
- We also need to make SGD a little weaker because it is too strong compared to regional currencies

I risk oversimplifying for the sake of simplifying

 

[Runifyouhaveto]

shouldn't bond prices be up when there is anticipation of recession?

It depends on the issuer and currency that the bond is denominated it.

 

[dancingshoes]

On the contrary,
SIBOR is up a tiny bit compared to SOR.
3-month SOR is at appx 1.13% vs 3-month SIBOR 1.0%
SOR do frequently trade below SIBOR in recent years

I interpret that when we allow SOR widen the gap (higher) against SIBOR,
policymakers wants to slow down the hike in SIBOR as much as possible and at the expense our SGD strength against USD.

It makes sense:
- Higher SIBOR hikes to defend SGD will bust many singaporeans' taking property loans
- Weaker SGD can make us more competitive and limits retrenchment in the currency war.
- We also need to make SGD a little weaker because it is too strong compared to regional currencies

I risk oversimplifying for the sake of simplifying

It depends on the issuer and currency that the bond is denominated it.

thanks for the info., bro RUN! you are the best, this forum will be a miss without you and your valuable info. cheers.

 

[Runifyouhaveto]

thanks for the info., bro RUN! you are the best, this forum will be a miss without you and your valuable info. cheers.

RUN is kachang puteh
Don't be like me

Have a good day ahead :o

 

[Runifyouhaveto]

Jump in Sibor and Swap Offer Rate
http://www.straitstimes.com/business/economy/jump-in-sibor-and-swap-offer-rate

3M-SOR 1.4%

 

[dancingshoes]

Jump in Sibor and Swap Offer Rate
http://www.straitstimes.com/business/economy/jump-in-sibor-and-swap-offer-rate

3M-SOR 1.4%

looks like sibor going to increase further when fed hike rate next month, correct bro run?

 

[Runifyouhaveto]

The Government will issue $2 billion to $4 billion worth of the 10-year bonds this year with a new batch released every month.
http://www.straitstimes.com/business/apply-for-spore-savings-bonds-from-tomorrow

Greater competition for funds and Singapore is getting ready to face a higher interest-rate environment going forward

 

[Runifyouhaveto]

The 3-month swap offer rate (SOR) was quoted at 1.54 per cent on Tuesday, a rate last seen in December 2008.
http://www.businesstimes.com.sg/gov...s-to-154-on-continued-china-economic-weakness