RMB Benchmark Interest Rate definition
RMB Benchmark Interest Rate means, with respect to any RMB Loan, the annual interest rate for RMB denominated loans with a tenor same as that of such RMB Loan as published by The People’s Bank of China from time to time, provided that:
RMB Benchmark Interest Rate means the RMB lending interest rate per annum determined, amended and announced from time to time by the PBOC;
Examples of RMB Benchmark Interest Rate in a sentence
No RMB Benchmark Interest Rate is published for the Loan Fund drawn down in RMB.