Yingwei Financial Investments – On Thursday, the National Interbank Funding Center authorized by the People’s Bank of China announced that China’s October rate was 3.65% for a one-year maturity and 4.3% for a maturity greater than 5 years, both unchanged.
Prior to this, the People’s Bank of China launched a 500 billion yuan MLF and a 2 billion yuan reverse repurchase operation on the 17th, and interest rates were the same as before.
The People’s Bank of China said in its regular third-quarter meeting that it is necessary to improve the mechanism of formation and transmission of market-oriented interest rates, to optimize the system of official interest rates of the central bank, to give full effect to the important the role of the market-oriented adjustment mechanism for interest rates on deposits, and to play the efficiency and leading role of the reform of listed interest rates in the loan market The overall cost of business financing and the cost of consumer credit personal.
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(edited by: Chen Han)
