Logo 19 Aug 2024

PBoC talks interest rate reform

Subscribe to keep reading.

Trivium Markets keeps you briefed on the latest developments in China markets policy.

Already a subscriber? Log in.

In its Q3 Monetary Policy Report, published August 9, China's central bank (PBoC) explained some of the recent technical changes it’s made to interest rates.
Some context: When the PBoC cut the interest rate on seven-day reverse repos on July 23, it also changed how the rate is set.

Previously, pri...