Interbank Rate in Singapore remained unchanged at 3.30 percent on Tuesday December 31. Interbank Rate in Singapore averaged 1.81 percent from 1995 until 2024, 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. source: Development Bank of Singapore

Interbank Rate in Singapore is expected to be 3.13 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Three Month Interbank Rate is projected to trend around 3.43 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 4049367.70 4110110.80 SGD Million Jul 2026
Central Bank Balance Sheet 778434.60 787630.60 SGD Million Jul 2026
Foreign Exchange Reserves 550725.20 549303.00 SGD Million Aug 2026
Overnight Rate Average (SORA) 1.13 1.09 percent Sep 2026
Bank Lending 939058.50 931375.60 SGD Million Jul 2026
Money Supply M0 69860.90 69450.30 SGD Million Jul 2026
Money Supply M1 316782.40 321718.40 SGD Million Jul 2026
Money Supply M2 890921.10 892401.40 SGD Million Jul 2026
Money Supply M3 907533.30 909092.30 SGD Million Jul 2026


Singapore Three Month Interbank Rate
In Singapore, the interbank rate is the rate of interest charged on short-term loans made between banks.
Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.30 9.84 0.34 1995 - 2024 percent Daily