Interest rate in China's interbank lending market by month 2020-2024

Published by
Daniel Slotta,
Jul 22, 2024

In May 2024, the weighted average interest rate of interbank lending in China was 1.85 percent. Banks not only lend out money to individuals and on business but also to one another. It allows them to stock surplus liquidity or to cover a short-term lack of liquidity.

Weighted average interest rate of interbank lending in China from March 2020 to May 2024

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Release date

July 2024

Region

China

Survey time period

March 2020 to May 2024

Supplementary notes

The source does not provide a release date. The date given is the date of data access.

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