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19-10 Nominal Interest Rates on Loans of Financial Institutions
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Item |
1997.10.23 |
1998.3.25 |
1998.7.1 |
1998.12.7 |
1999.6.10 |
2002.2.21 |
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Oct. 23, 1997 |
Mar. 25, 1998 |
Jul. 1, 1998 |
Dec. 7, 1998 |
Jun. 10, 1999 |
Jun. 10, 2000 |
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Shor-term |
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6 Months |
7.65 |
7.02 |
6.57 |
6.12 |
5.58 |
5.04 |
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1 Year |
8.64 |
7.92 |
6.93 |
6.39 |
5.85 |
5.31 |
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Medium-and Long- term |
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3 Year or Less |
9.36 |
9.00 |
7.11 |
6.66 |
5.94 |
5.49 |
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5 Years or Less |
9.90 |
9.72 |
7.65 |
7.2 |
6.03 |
5.58 |
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More than 5 Years |
10.53 |
10.35 |
8.01 |
7.56 |
6.21 |
5.76 |
a)The lending rate could be 10% higher or 10% lower than nominal interest rates;for rural credit cooperatives, the lending rate could be 40 higher or 10% lower than nominal interest rates.
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| b)As of November 1998, the lending rate for small-sized entrprises could be 20% higher than nominal interest rates, and the lending rate for medium- and large- sized entrprises could be 10% higher than nominal interest rates.For all financial institutions, the lending |
| rate could be lower than nominal interest rates, whil, for rural credit cooperatives,the lending rate coould be 50% higher than nominal |
interest rates.
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| c) As of September 1999, the lending rate for medium- and small-sized entrprises could be 30% higher than nominal interest rates; for large-sized entrprises, the lending rate could be as much as 10% higher than nominal interest rates. For all financial institutions, |
| the lending rate could blower than nominal interest rates. |
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