{"id":22704,"date":"2011-05-26T07:11:17","date_gmt":"2011-05-26T11:11:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=22704"},"modified":"2011-05-26T07:11:17","modified_gmt":"2011-05-26T11:11:17","slug":"hedge-funds-play-a-lending-role","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2011\/hedge-funds-play-a-lending-role.html","title":{"rendered":"Hedge funds play a lending role"},"content":{"rendered":"<p>The Standard &#8211; Borrowing costs in China surged for the sixth straight day as the seven-day Shanghai interbank offered rate rose 57.5 basis points to 5.3053 percent.<\/p>\n<p>The surge follows tightening measures by Beijing.\u00a0The Shibor reached its highest level since February 23, when the rate stood at 6.2033 percent.\u00a0Rising interest rates have prompted the central People&#8217;s Bank of China to slash the size of a three-month bill sale today to one billion yuan (HK$1.19 billion) from 20 billion yuan last week.<\/p>\n<p><a href=\"http:\/\/www.thestandard.com.hk\/news_detail.asp?pp_cat=30&amp;art_id=111433&amp;sid=32504332&amp;con_type=1\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Standard &#8211; Borrowing costs in China surged for the sixth straight day as the seven-day Shanghai interbank offered rate rose 57.5 basis points to 5.3053 percent. The surge follows tightening measures by Beijing.\u00a0The Shibor reached its highest level since [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22704","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=22704"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22704\/revisions"}],"predecessor-version":[{"id":22705,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22704\/revisions\/22705"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=22704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=22704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=22704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}