Are banks still offering SIBOR

[Mu]

Does anyone know if local banks are still offering SIBOR pegged home loans after MAS findings?

[Arcachon]

SIBOR or SOR, Fed $85B in bond purchase a month will make sure CM8 coming sooner than expected.

[pmet]

SIBOR or SOR, Fed $85B in bond purchase a month will make sure CM8 coming sooner than expected.

Mai lai lah... CM what CM... kao jia lat liao :doh:

[princess_morbucks]

SHIBOR suddenly surge!
What is the reason?

http://www.shibor.org/shibor/web/ShiborJPG_e.jsp

Hopefully SIBOR won't follow it.

[hopeful]

SHIBOR suddenly surge!
What is the reason?

http://www.shibor.org/shibor/web/ShiborJPG_e.jsp

Hopefully SIBOR won't follow it.
you dont read zerohedge???? the alternative financial news website.

http://www.zerohedge.com/news/2013-06-19/china-interbank-market-freezes-overnight-repo-explodes-25
http://www.zerohedge.com/news/2013-06-19/chinas-red-flags

[princess_morbucks]

you dont read zerohedge???? the alternative financial news website.

http://www.zerohedge.com/news/2013-06-19/china-interbank-market-freezes-overnight-repo-explodes-25
http://www.zerohedge.com/news/2013-06-19/chinas-red-flags

Thanks, no, this is the first time I am reading the website.
Can you please explain?
I still don't understand after reading it.

[sgbuyer]

Thanks, no, this is the first time I am reading the website.
Can you please explain?
I still don't understand after reading it.


No need to read hedgezero.

Mainstream news. Smaller Chinese banks are defaulting - http://www.telegraph.co.uk/finance/china-business/10120716/China-braces-for-capital-flight-and-debt-stress-as-Fed-tightens.html

[hopeful]

No need to read hedgezero.

Mainstream news. Smaller Chinese banks are defaulting - http://www.telegraph.co.uk/finance/china-business/10120716/China-braces-for-capital-flight-and-debt-stress-as-Fed-tightens.html

why u so bad, dont want princess to read.
knowledge is power you know.

mainstream news report after it happened
zerohedge speculated stuff before they happened. of course prediction is not 100% accurate.
and conspiracy theories become conspiracy facts.

[sgbuyer]

why u so bad, dont want princess to read.
knowledge is power you know.

mainstream news report after it happened
zerohedge speculated stuff before they happened. of course prediction is not 100% accurate.
and conspiracy theories become conspiracy facts.


No, hedgezero articles are always too early, sometimes 2-3 years early, so not much point reading.

China banks collapsing but it's not on the headlines. Weird right?

Everytime the Chinese govt says they want to control property prices, the moment prices fall, they gave in. This is a classic example of calling wolf too many times. When the Chinese authorities are really serious in cracking the credit bubble, no one believes it will happen.

To send an effective warning message, it is necessary for one or two banks to collapse, just like what the US did with Lehman brothers.

[princess_morbucks]

No need to read hedgezero.

Mainstream news. Smaller Chinese banks are defaulting - http://www.telegraph.co.uk/finance/china-business/10120716/China-braces-for-capital-flight-and-debt-stress-as-Fed-tightens.html

Thanks sgbuyer!
It is scary that this is happening in China.
Can't imagine what will happen.

[hopeful]

another quotation i pick up:
better a few years too early than a day too late.

the depositors in cyprus would definitely be glad to withdraw their money a few years early than leave it in the bank a day after announcement for depositor bail-in was made.

[newbie11]

Sibor still steady.

SIBOR & SOR Rates
1M SIBOR 0.30958
3M SIBOR 0.375
3M SOR 0.2366

U can read Abs faq on their actions.

[ysyap]

Sibor still steady.

SIBOR & SOR Rates
1M SIBOR 0.30958
3M SIBOR 0.375
3M SOR 0.2366

U can read Abs faq on their actions.How long more can it can steady?

[lajia]

How long more can it can steady?

as long as the banks have enough cash....for a long time i suppose. :)

[lionhill]

http://money.163.com/special/view375/

[princess_morbucks]

http://money.163.com/special/view375/

For our non chinese readers, here is another website.

http://www.chinadaily.com.cn/business/2013-06/21/content_16642034.htm

http://www.reuters.com/article/2013/06/21/markets-china-idUSL3N0EW46S20130621

[princess_morbucks]

deleted....repeat post

[yowetan]

Hi Hopeful...I need help. Could you PM me? TIA.

[ysyap]

as long as the banks have enough cash....for a long time i suppose. :)Good to know! :cheers1: