Cointime reports: China’s Ministry of Finance awarded its 1-month treasury cash deposit at a 1.42% rate, down from 1.44% at the previous auction, while the 2-month tenor cleared at 1.47%, up from 1.46%. The commercial bank deposit rates for state treasury funds were set in the latest centralised operation by the ministry.
China’s Finance Ministry Sets 1-Month Treasury Cash Deposit Rate at 1.42%
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