People's Bank of China, Circular on Raising the Benchmark Interest Rates for Renminbi Deposits and Loans of Financial Institutions
中国人民银行关于上调金融机构人民币存贷款基准利率的通知
November 09, 2010 | BY
clpstaff &clp articlesPBOC raises interest rates.
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Issued: October 19 2010
Main contents: Both the interest rates for one-year term deposits and one-year term loans will be raised by a quarter percentage point, from 2.25% to 2.50%