Press Enter to search · ESC to close

Macro

SHIBOR Rates: Overnight Rises 0.98bp to 1.2710%

The overnight Shanghai Interbank Offered Rate (SHIBOR) stood at 1.2710% on the latest fixing, up 0.98 basis points. The seven-day SHIBOR rose 0.50 basis points to 1.3260%, while the three-month SHIBOR slipped 0.03 basis points to 1.4078%. The mixed moves left short-term funding rates slightly higher and the longer tenor marginally lower.

Original source

AI take

The split between a firmer overnight and seven-day fix and a marginally softer three-month tenor suggests the move is concentrated at the very front end of the funding curve rather than a broad repricing of interbank liquidity. That distinction matters for anyone tracking whether short-term cash conditions are tightening or simply normalizing around month-end and settlement flows. The scale is small enough that it says little on its own; whether the front-end firmness persists across coming fixings, or fades as the longer tenor already hints, is the open question.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback