The seven-day Shibor dropped 1.5 basis points to 2.65 percent, while the two-week rate was down 9.9 basis points to 2.801 percent.
The one-month Shibor went up 0.3 basis points to 2.816 percent, with the three-month rate and the six-month rate down 0.4 percent and 0.1 percent, respectively. The nine-month rate remained unchanged at 3.11 percent, and the one-year rate edged up 0.1 basis point to 3.206 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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