What is traded in the interbank lending market?

The interbank lending market is a market for short-term financing between financial institutions other than the central bank, that is, financial institutions adjust their capital positions by using regional differences and time differences in financing, and financial institutions with excess funds borrow short-term funds from financial institutions with insufficient temporary funds.

The interbank lending market has the following characteristics:

1, the financing period is generally short, and the dismantling period is usually one or several days, and the longest is no more than one year;

2. The institutions involved in lending basically open deposit accounts with the central bank, and the trading funds are mainly surplus funds in the accounts;

3. Interbank borrowing funds are mainly used for short-term and temporary needs;

Interbank lending is basically credit lending. Inter-bank lending can enable commercial banks to meet the demand for deposit payment without maintaining a large amount of excess reserves. 199665438+1October 3rd, China established a national unified interbank lending market and started trial operation.

Tips: The above information is for reference only.

Reply time: February 2022-10. Please refer to the latest business changes announced by Ping An Bank in official website.