Shibor climbs to 2.79pc

Business | 15 Apr 2019 12:07 pm

The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China's interbank market, increased 14.5 basis points to 2.797 percent today.

The seven-day Shibor rose 10.3 basis points to 2.772 percent, while the two-week rate was up 9.7 basis points to 2.902 percent.

The one-month Shibor increased 3.1 basis points to 2.717 percent, with the three-month rate up 0.7 basis points to 2.768 percent, and the six-month rate up 0.8 basis points to stand at 2.85 percent.

The nine-month rate went up 1.5 basis points to 2.939 percent, and the one-year rate was up 0.5 basis points to 3.072 percent.

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