Central bank: In August, the weighted average monthly interest rate for interbank RMB market lending was 1.38%, and the weighted average monthly interest rate for pledged bond repurchase was 1.4%.

In August, the interbank RMB market recorded a total transaction volume of 177.41 trillion yuan through lending, spot bond trading, and repo transactions, with an average daily turnover of 8.45 trillion yuan, representing a year-on-year decrease of 12.5%. Specifically, the average daily turnover of interbank lending declined by 24.6% year-on-year, spot bond trading increased by 2.3% year-on-year, and pledged repo transactions fell by 15.1% year-on-year. In August, the weighted average interest rate for interbank lending was 1.38%, 0.02 percentage points lower than the previous month and 0.02 percentage points lower than the same period last year; the weighted average interest rate for pledged repo was 1.4%, 0.02 percentage points lower than the previous month and 0.01 percentage points lower than the same period last year.