Wall Street Oasis - Investment Banking & Finance Community: SHIBOR Hits a Record High - A Partial Explanation

Wall Street Oasis - Investment Banking & Finance Community The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.

SHIBOR Hits a Record High - A Partial Explanation Jun 26th 2013, 00:30 I saw a post about SHIBOR the other day here on WSO and thought I might add a few cents to the proverbial piggy bank. Over the past week, the overnight Shanghai Interbank Offered Rate (SHIBOR) has skyrocketed. It rose from 4.5% on May 31 all the way to an all-time high of 13.44% on June 24, before settling back down 5.7% as of today. This caused quite a stir in financial circles around the world and bankers have begun re-asking themselves whether they're bullish or bearish on China. Read on to learn what to consider as you ask yourself the same question. read more Media files: preview (image/jpeg, 0 MB)

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