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Boats - Ships Published date: March 27, 2018

The recent monetary policy easing by the government caused a drop in the 7-day annualized return rate offered by a number of China's online monetary funds Women's 12th Fan Jersey , experts said Wednesday.


Caifubao, a monetary fund jointly operated by Internet giant Tencent Inc and China Asset Management Co Women's Steve Largent Jersey , offered a 7-day return at 3.01 percent 


"Most commercial banks don't have enough deposits to meet the compulsory rule of 75 percent loan-to-deposit ratio. Therefore, they often need to borrow short-term funds at certain times of a year Steve Largent Jersey , when they undergo the loan-to-deposit ratio check," she said.


on its website on June 15, the number of customers of Yu'ebao has grown steadily since the fund was established in June 2013 Cheap Seattle Seahawks Jerseys , standing at 200 million as of May 31.

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