Overnight SHIBOR Rises to 1.2550% as 7-Day Rate Falls to 1.3080%

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China’s overnight Shanghai Interbank Offered Rate (SHIBOR) rose 3.4 basis points to 1.2550% as of May 12. The 7-day SHIBOR fell 3.2 basis points to 1.3080%, while the 3-month SHIBOR declined 0.2 basis points to 1.4120%.

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