Econ and Finance - 01 Sep 2020

PBoC envisions new benchmark interest rate

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On Monday, the People’s Bank of China (PBoC) published an important white paper in which it outlined plans to develop a new benchmark interest rate for pricing financial products.

For this purpose, the bank is looking to promoteinterest rates on repurchaseagreements (repos) between depository in...

Snuh-ohez.

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