The seven-day Shibor dipped 28.7 basis points to 2.032 percent, while the two-week rate went down 16.6 basis points to 2.198 percent.
The one-month Shibor shrank 6.9 basis points to 2.534 percent, while the three-month rate went down 2.4 basis points to 2.657 percent and the six-month rate dropped 1.9 basis points to 2.760 percent.
The nine-month rate edged down 0.3 basis points to 3.039 percent, and the one-year rate contracted 0.3 basis points to 3.096 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.
Latest comments