19-8 Official Interest Rates of Deposits of Financial Institutions | ||||
(% p.a.) | ||||
Item | 2008.10.19 | 2008.10.30 | 2008.11.27 | 2008.12.23 |
Oct.09,2008 | Oct.30,2008 | Nov.27,2008 | Dec.23,2008 | |
Demand | 0.72 | 0.72 | 0.36 | 0.36 |
Time | ||||
3 Months | 3.15 | 2.88 | 1.98 | 1.71 |
6 Months | 3.51 | 3.24 | 2.25 | 1.98 |
1 Year | 3.87 | 3.60 | 2.52 | 2.25 |
2 Year | 4.41 | 4.14 | 3.06 | 2.79 |
3 Year | 5.13 | 4.77 | 3.60 | 3.33 |
5 Year | 5.58 | 5.13 | 3.87 | 3.60 |
a) The deposit rates offered by financial institutions may not exceed the banchmark rate of RMB deposits stipulated by the PBC. | ||||