17-10 INTEREST RATES OF MAJOR SAVINGS DEPOSITS (1990-1996)

Unit: annual interest rate

 

Refers to official interest rates.

 

Item

Aug.21, 1990

Apri.21, 1991

May.15, 1993

Jul.11, 1993

May.1, 1996

 

 

 

 

 

 

Saving Deposits of Urban and Rural Residents 

2.16

1.80

2.16

3.15

2.97

                                 

 

 

 

 

 

Current Deposits              

 

 

 

 

 

Fixed Deposits                

 

 

 

 

 

Fixed Amount and Period     

4.32

3.24

4.86

6.66

4.86

    3 Months                  

6.48

5.40

7.20

9.00

7.2

    6 Months                  

8.64

7.56

9.18

10.98

9.18

    1 Year                    

9.36

7.92

9.90

11.70

9.9

    2 Years                   

10.08

8.28

10.80

12.24

10.8

    3 Years                   

11.52

9.00

12.06

13.86

12.06

    5 Years                   

13.68

10.08

14.58

17.10

 

    8 Years and Over          

 

 

 

 

 

Regular Deposits Regular Withdrawals or Withdrawals of Interest Savings

 

 

 

 

 

    1 Year                    

7.20

6.12

7.20

9.00

 

    3 Years                   

8.64

6.84

9.18

10.98

 

    5 Years                   

10.08

7.56

10.80

12.24

 

    Current or Fixed Deposits   

note(a)

note(a) 

note(b) 

note(b)

 

Savings Deposits of Overseas Chinese RMB  

 

 

 

 

 

    1 Year                      

10.08

8.28

10.80

12.24

7.2

    2 Years                     

11.52

9.00

12.06

13.86

9.18

    3 Years                     

13.68

9.90

14.58

17.10

10.8

Savings Deposits of Enterprises, Institutions, Government Organizations and Individual Indus trial and Commercial Households

 

 

 

 

 

Current Deposits             

2.16

1.80

2.16

3.15

2.97

Fixed Deposits               

 

 

 

 

 

   3 Months                   

4.32

3.24

4.86

6.66

4.86

   6 Months                   

6.48

5.40

7.20

9.00

7.2

   1 Year                     

8.64

7.56

9.18

10.98

9.18

   2 Years                     

9.36

7.92

9.90

11.70

9.9

   3 Years                    

10.08

8.28

10.80

12.24

10.8

   5 Years                    

11.52

9.00

12.06

13.86

12.06

   8 Years and Over           

13.68

10.08

14.58

17.10

 

 

 

 

 

 

 

 

a)10 discount of the interest rate of the same term fixed amount and period of fixed deposit.

b)40 discount of the interest rate of the same term fixed amount and period of fixed deposit.