19-8 Official Interest Rates of Deposits of Financial Institutions | |||||||
(% p.a.) | |||||||
Item | 2006.08.19 | 2007.03.18 | 2007.05.19 | 2007.07.21 | 2007.08.22 | 2007.09.15 | 2007.12.21 |
Aug.19,2006 | Mar.18,2007 | May.19,2007 | Jul.21,2007 | Aug.22,2007 | Sep.15,2007 | Dec.21,2007 | |
Demand | 0.72 | 0.72 | 0.72 | 0.81 | 0.81 | 0.81 | 0.72 |
Time | |||||||
3 Months | 1.80 | 1.98 | 2.07 | 2.34 | 2.61 | 2.88 | 3.33 |
6 Months | 2.25 | 2.43 | 2.61 | 2.88 | 3.15 | 3.42 | 3.78 |
1 Year | 2.52 | 2.79 | 3.06 | 3.33 | 3.60 | 3.87 | 4.14 |
2 Year | 3.06 | 3.33 | 3.69 | 3.96 | 4.23 | 4.50 | 4.68 |
3 Year | 3.69 | 3.96 | 4.41 | 4.68 | 4.95 | 5.22 | 5.40 |
5 Year | 4.14 | 4.41 | 4.95 | 5.22 | 5.49 | 5.76 | 5.85 |
a) The deposit rates offered by financial institutions may not exceed the banchmark rate of RMB deposits stipulated by the PBC. | |||||||