SDB Club Benchmark Real Estate

The People’s Bank of China announced today it will raise its one-year lending and deposit rate by 25 basis points. The increase in China’s benchmark lending rate, effective as of October 20, have left analysts wondering whether the move will help to cool China’s property and commodities markets. Why is the PBoC raising its benchmark [...]

The Peoples Bank of China raised their benchmark lending rate by 25 basis points. This is designed to slow the growth rate in the nation. Speculation is that the timing is such to think their may be a deal in the works that would allow further rise in the yuan and less QE by the [...]

The Peruvian central bank‘s surprise decision to keep the benchmark lending rate unchanged signals policy makers are seeking to stem the 3.6 percent rally in the sol this year, according to Banco Santander SA. The seven-member board, led by bank President Julio Velarde, kept the bank’s reference rate at 3 percent, surprising all except one [...]

Brazil’s state development bank is charging the least relative to the country’s benchmark interest rate in 18 months, a sign President Luiz Inacio Lula da Silva’s successor may struggle to keep inflation in check. The difference between the central bank‘s 10.75 percent overnight Selic and the government lender’s long-term rate that monetary authorities agreed last [...]

In a tentative and qualified move, the Bank of Canada increased its benchmark lending rate on Tuesday for the first time since July 2007. The increase reflected growing concerns about inflation related to Canada’s booming real estate market and strong economic growth. But the relatively small size of the rate increase, one quarter of a [...]

People’s Bank of China Gov. Zhou Xiaochuan on Thursday acknowledged the gap between China’s deposit and lending rates is larger than in developed countries, but said the gap is smaller than in other emerging economies, defending the rates against criticism of providing a hidden subsidy for banks. China’s central bank has gradually loosened its control [...]

Peru’s central bank may raise its benchmark lending rate today for a fifth straight month as the fastest economic expansion since 2008 threatens to accelerate inflation beyond the central bank’s target. The seven-member board will probably increase the bank’s reference rate by a half-point to 3 percent from 2.5 percent, according to all 14 economists [...]