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.