摘要
Anew interest rate indicator,called the Shanghai inter- bank offered rate (SHIBOR),goes into operation on Jan.4,announced the central bank. The mechanism,which will give the central bank real-time market information on interbank interest rates,may become a new benchmark for the money market,said the People's Bank of China (PBoC).
Anew interest rate indicator, called the Shanghai interbank offered rate （SHIBOR）, goes into operation on Jan, 4, announced the central bank.
