Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China's weighted average interbank lending rate in April flat with March

May 17, 2021


Abstract : China's monthly weighted average interbank lending rate stood at 2.01 percent in April, flat with March and up 0.9 percentage points from a year earlier, central bank data showed.

BEIJING, May 15 (Xinhua) -- China's monthly weighted average interbank lending rate stood at 2.01 percent in April, flat with March and up 0.9 percentage points from a year earlier, central bank data showed.

The monthly weighted average interest rate for pledged repos was 1.96 percent in April, down 0.05 percentage points month on month but up 0.85 percentage points year on year, said the People's Bank of China.

In April, lending, cash bond and repo transactions in the interbank RMB market totaled 112.61 trillion yuan (17.46 trillion U.S. dollars), with the daily average decreasing by 24 percent year on year to 5.12 trillion yuan. Enditem

Scan the QR code and push it to your mobile phone

Keyword: interbank lending rate

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial