Shanghai Interbank Offered Rate Plummets Collectively

Overnight Shibor reported at 1.5090%, down 2.80 basis points; 7-day Shibor reported at 1.5560%, down 0.60 basis points; 14-day Shibor reported at 1.6500%, down 0.40 basis points; 1-month Shibor reported at 1.6170%, down 0.70 basis points; 3-month Shibor reported at 1.6420%, down 0.30 basis points.