China Interbank Interest Rate
Volume-weighted average interest rate of the China interbank lending market by maturity, along with transaction values.
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Market-wide Average | 1.4 | 1.42 | 1.43 | 1.33 | 1.31 | 1.4 | 1.44 | 1.43 | 1.4 | 1.44 | 1.4 | 1.46 | 1.41 | 1.46 | 1.5 | 1.56 | 1.72 | 1.87 | 2 | 2.16 | 1.65 | 1.59 | 1.65 | 1.83 | 1.79 | 1.82 | 1.89 | 1.82 | 1.86 | 1.91 | 1.89 | 1.9 | 1.9 | 1.98 | 2.06 | 1.96 | 1.76 | |
| 1-Day Maturity | 1.4 | 1.42 | 1.42 | 1.32 | 1.3 | 1.39 | 1.41 | 1.41 | 1.36 | 1.43 | 1.38 | 1.44 | 1.4 | 1.44 | 1.47 | 1.54 | 1.71 | 1.85 | 1.98 | 2.08 | 1.6 | 1.56 | 1.6 | 1.79 | 1.77 | 1.81 | 1.86 | 1.81 | 1.84 | 1.87 | 1.81 | 1.85 | 1.76 | 1.9 | 2.01 | 1.84 | 1.73 | |
| 7-Day Maturity | 1.42 | 1.44 | 1.46 | 1.37 | 1.4 | 1.5 | 1.55 | 1.56 | 1.68 | 1.51 | 1.51 | 1.53 | 1.51 | 1.56 | 1.68 | 1.64 | 1.76 | 1.97 | 2.06 | 2.29 | 1.94 | 1.82 | 1.91 | 1.93 | 1.89 | 1.9 | 2.02 | 1.88 | 1.98 | 2.13 | 2.1 | 2.25 | 2.62 | 2.44 | 2.4 | 2.09 | 1.99 | |
| 14-Day Maturity | 1.43 | 1.44 | 1.48 | 1.38 | 1.41 | 1.53 | 1.61 | 1.59 | 1.75 | 1.53 | 1.55 | 1.75 | 1.54 | 1.58 | 1.72 | 1.68 | 1.8 | 2.09 | 2.14 | 2.9 | 2.01 | 1.87 | 2.02 | 2.15 | 1.92 | 1.92 | 2.05 | 1.92 | 2.02 | 2.31 | 2.24 | 2.36 | 3.63 | 2.55 | 2.64 | 3.78 | 2.02 | |
| 1-Month Maturity | 1.44 | 1.44 | 1.44 | 1.38 | 1.43 | 1.56 | 1.63 | 1.57 | 1.68 | 1.52 | 1.58 | 1.64 | 1.56 | 1.6 | 1.71 | 1.71 | 1.88 | 2.12 | 1.98 | 2.25 | 1.96 | 1.87 | 2 | 2.06 | 1.89 | 1.92 | 1.99 | 1.97 | 2.09 | 2.24 | 2.36 | 2.48 | 3.17 | 2.39 | 2.34 | 2.7 | 2.04 | |
| 3-Month Maturity | 1.45 | 1.45 | 1.41 | 1.4 | 1.46 | 1.58 | 1.63 | 1.65 | 1.66 | 1.63 | 1.58 | 1.6 | 1.6 | 1.6 | 1.74 | 1.79 | 1.89 | 2.14 | 1.99 | 1.98 | 1.88 | 1.99 | 2.04 | 1.96 | 1.9 | 1.94 | 2.01 | 2.04 | 2.14 | 2.26 | 2.33 | 2.51 | 2.92 | 2.74 | 2.55 | 2.36 | 2.14 | |
| Market-wide Transaction Value | 135,763.45 | 149,139.7 | 128,350.9 | 139,261.6 | 176,017.4 | 180,125.1 | 117,662 | 169,966.7 | 183,008.6 | 149,011.3 | 130,846.2 | 159,022.9 | 159,995.8 | 174,455.3 | 155,431.6 | 128,988 | 135,296.9 | 123,977.6 | 91,208.9 | 109,272 | 165,995.4 | 159,858 | 137,906 | 126,647.8 | 143,058.5 | 147,135.7 | 117,055.9 | 119,662.3 | 137,786.1 | 145,063.7 | 105,421.8 | 166,563.3 | 143,427.7 | 141,572.8 | 116,714.6 | 136,366.7 | 169,863.6 |
Latest reading
Market-wide Average stood at 1.4% in Aug 2026. That is unchanged from Jul 2026 and unchanged from a year earlier. The series on this page is monthly and runs from Jun 2012 to Aug 2026. Source: People's Bank of China (PBOC).
- Latest
- 1.4%
- Aug 2026
- vs previous period
- 0.0 pp
- Jul 2026
- vs a year earlier
- 0.0 pp
About this data
Volume-weighted average interest rate of the China interbank lending market by maturity, along with transaction values. This is the ACTUAL transaction rate between banks, complementing Shibor (the daily published offered rate).
