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WorldPosted at: Jul 30 2020 9:18AM


China's overnight Shibor interbank rate decreases Thursday

Beijing, Jul 30 (Xinhua) The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China's interbank market, decreased 8.1 basis points to 1.369 percent Thursday.

The seven-day rate rose 0.9 basis points to 2.183 percent, the one-month rate went up 1.2 basis points to 2.288 percent, and the one-year rate increased 0.5 basis points to 2.82 percent.
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