(Yicai Global) April 25 -- The Shanghai Interbank Offered Rate (Shibor) rose. The overnight Shibor was at 2.7850 percent, up 3.3 basis points. The seven-day Shibor was at 2.7850 percent, up 2.1 basis points. The three-month Shibor was at 2.8800 percent, up 2.5 basis points.

The People's Bank of China did not carry out any reverse repurchases today, though CNY80 billion of reverse repos was due today, in a sign PBOC deems market liquidity sufficient. 

Editor: Ben Armour