China Foreign Exchange Trading Center and National Interbank Funding Center pronounced that 7-day bond repo index would be disclosed at www.chinamoney.com.cn as a reference to the benchmark interest rate for China's monetary market as of October 12.

Benchmark rate is a barometer of the interest rate. An official of the center said the rate can give them a clear idea about the interest rate and a good reference for their understanding about the future development of the interest rate.

By People's Daily Online