【asia biggest mall in bangalore】China's overnight Shibor interbank rate decreases Friday
时间:2024-09-20 16:57:36 出处:百科阅读(143)
BEIJING,asia biggest mall in bangalore July 26 (Xinhua) -- The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China's interbank market, decreased 7.5 basis points to 1.689 percent Friday.
The seven-day rate rose 4.2 basis points to 1.913 percent, the one-month rate went down 0.7 basis points to 1.848 percent, and the one-year rate dropped 0.6 basis points to 1.979 percent.
Shibor is a simple, no-guarantee, wholesale interest rate calculated by arithmetically averaging all the interbank RMB lending rates offered by the price quotation group of 18 commercial banks with a high credit rating, with the four highest and four lowest quotations excluded.
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