Renminbi loan increases in January over trillion interbank market rates

According to financial statistics released today by the People's Bank of China, RMB loans increased by 1.04 trillion yuan in January, a small increase of 318.2 billion yuan.　　In 1.04 trillion yuan new loans, household loans increased by 330.6 billion yuan, including short-term loans increased by 136.3 billion yuan, medium and long-term loans increased by 194.3 billion yuan, non-financial enterprises and other sectors of the loan increase of 690.5 billion yuan, including short-term loans to increase 267.5 billion yuan, medium and long-term loans to increase 483.4 billion yuan, bill financing to reduce 81 billion yuan. The data showed a marked rise in inter-bank market interest rates in January.　　The January interbank lending Month weighted average interest rate was 3.7%, 0.78% higher than last month, and pledged-bond repurchase monthly weighted average interest rate was 4.29%, 1.17% higher than last month. At the end of January, the broad currency (M2) balance of 73.56 trillion yuan, an increase of 17.2%, compared to the end of last year and the same period of 2.5 and 8.9% respectively, the narrow currency (M1) Balance 26.31 trillion yuan, the year-on-year increase of 13.6%, is 7.6 and 25.4% lower than the previous year and a year earlier, with the balance of currency (M0) in circulation 5.81 trillion yuan, up 42.5% per cent year-on-year.　　Because of the Spring Festival factor, the month circulation currency increases 1.35 trillion yuan. The data also shows that at the end of January, the foreign currency deposit balance of 72.71 trillion yuan, an increase of 16.9%, the month of foreign currency deposits reduced by 32.3 billion yuan, less than 1.44 trillion yuan. The month of RMB deposit reduced 20.3 billion yuan, less than 1.41 trillion yuan. (Reporter Tian Junyong)