Progress and policy suggestions on Shibor constructionChinese Full Text
Zhang Yingnan;Money and Credit Management Division,People’s Bank of China Beijing Operation Office;
Abstract: Shanghai Interbank Offered Rate（Shibor） is an important infrastructure for financial reform in China.As interest rate marketization reform is steadily underway,the operation of Shibor has gained wide attention from the industry.This article gives an empirical analysis of the relation between Shibor and money market interest rate spread,as well as Shibor application by financial institutions,and reveals that the benchmarking feature of Shibor has been enhanced gradually.The article also highlight... More
- Series：
(J) Economics ＆ Management
- Subject：
Finance
- Classification Code：
F832.2
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