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

Published by
Daniel Slotta,
Mar 27, 2024

In January 2024, the weighted average interest rate of interbank lending in China was 1.83 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 January 2020 to January 2024

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Source

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Release date

March 2024

Region

China

Survey time period

January 2020 to January 2024

Supplementary notes

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

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