China's one-year interbank certificate of deposit rate rose to its highest level since October
2025-02-25 01:00:53
On February 25th, China's interbank certificate of deposit rate rose to a multi-month high, approaching the interest rate of the People's Bank of China's one-year liquidity facility. The AAA-rated one-year interbank certificate of deposit rate rose to 1.99% on Monday, the highest level since October. This is close to the 1-year medium-term lending facility (MLF) rate of the People's Bank of China at 2%.
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