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.