Lower Bank Loan Rates Forecast as Volatility Ebbs

Lower Bank Loan Rates Forecast as Volatility Ebbs

Nelson Ching/Bloomberg

Interest rates in China have diverged from central bank benchmarks in recent months. The three-month Shanghai interbank offered rate slid 17 basis points, or 0.17 percentage point, in April, to 4.71 percent, on speculation the central bank will increase cash supplies to spur lending.