China's Interbank Funding Sentiment Index Falls to 47 on May 8

GateNews

According to CFETS-NEX data reported by Jin Shi Futures, China’s interbank funding sentiment index fell to 47 as of 2:30 p.m. on May 8, down 1 point from 10:15 a.m. By institution type, the index for large banks stood at 45, mid-sized and small banks at 48, and non-bank institutions at 47, each declining 1 point. The index ranges from 0 to 100, with 50 representing equilibrium; readings above 50 indicate tighter liquidity conditions.

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