{
  "schema_version": 2,
  "slug": "fr014-repo-rate",
  "name": "FR014 14-day repo fixing",
  "question": "What is China's FR014 14-day repo rate?",
  "question_zh": "中国的 FR014 14 天回购利率是多少？",
  "measure": "14-day interbank pledged repo fixing, percent",
  "page_title": "What is China's FR014 14-day repo rate?",
  "description": "14-day interbank pledged repo fixing, percent. Latest value, history and source, published by China Foreign Exchange Trade System (CFETS).",
  "explainer": [
    "The China Foreign Exchange Trade System publishes FR014, the 14-day fixing for pledged repurchase agreements on the interbank market, each trading morning.",
    "It sits between the overnight fixing and the 7-day FR007, and it prices cash across a month-end or a holiday.",
    "It is a rate in percent per year."
  ],
  "how_measured": [
    "The China Foreign Exchange Trade System publishes FR014, the 14-day fixing for pledged repurchase agreements on the interbank market, each trading morning.",
    "It sits between the overnight fixing and the 7-day FR007, and it prices cash across a month-end or a holiday.",
    "It is a rate in percent per year."
  ],
  "unit": "%",
  "unit_label": "percent",
  "publisher": "China Foreign Exchange Trade System (CFETS)",
  "publisher_zh": "中国外汇交易中心",
  "source_url": "https://www.chinamoney.com.cn/english/bmkfrr/",
  "verify_url": "https://www.chinamoney.com.cn/english/bmkfrr/",
  "creator": "China Snapshot Limited",
  "derived": false,
  "as_of": "2026-10-30T20:37:07+08:00",
  "history_start": "2026-09-17",
  "history_end": "2026-10-30",
  "temporal_coverage": "2026-09-17/2026-10-30",
  "latest": {
    "series": "CFETS FR014",
    "period": "2026-10-30",
    "value": 1.43,
    "unit": "%",
    "decimals": 2,
    "change_on_prior": 0.03,
    "source": "China Foreign Exchange Trade System (CFETS)",
    "source_url": "https://www.chinamoney.com.cn/english/bmkfrr/",
    "provenance": "CFETS interbank repo fixing (chinamoney.com.cn)",
    "as_of": "2026-10-30T14:02:04+08:00"
  },
  "next_release": {
    "known": false,
    "date": null,
    "label": null,
    "publisher": "China Foreign Exchange Trade System (CFETS)",
    "note": "This series has no advance public calendar. A new point appears with the next print."
  },
  "series": [
    {
      "name": "CFETS FR014",
      "unit": "%",
      "decimals": 2,
      "points": [
        {
          "period": "2026-09-17",
          "value": 1.46
        },
        {
          "period": "2026-09-18",
          "value": 1.46
        },
        {
          "period": "2026-09-20",
          "value": 1.45
        },
        {
          "period": "2026-09-21",
          "value": 1.46
        },
        {
          "period": "2026-09-22",
          "value": 1.46
        },
        {
          "period": "2026-09-23",
          "value": 1.43
        },
        {
          "period": "2026-09-24",
          "value": 1.47
        },
        {
          "period": "2026-09-28",
          "value": 1.47
        },
        {
          "period": "2026-09-29",
          "value": 1.45
        },
        {
          "period": "2026-09-30",
          "value": 1.41
        },
        {
          "period": "2026-10-08",
          "value": 1.425
        },
        {
          "period": "2026-10-09",
          "value": 1.43
        },
        {
          "period": "2026-10-10",
          "value": 1.35
        },
        {
          "period": "2026-10-12",
          "value": 1.43
        },
        {
          "period": "2026-10-13",
          "value": 1.425
        },
        {
          "period": "2026-10-14",
          "value": 1.42
        },
        {
          "period": "2026-10-15",
          "value": 1.42
        },
        {
          "period": "2026-10-16",
          "value": 1.42
        },
        {
          "period": "2026-10-19",
          "value": 1.42
        },
        {
          "period": "2026-10-20",
          "value": 1.42
        },
        {
          "period": "2026-10-27",
          "value": 1.41
        },
        {
          "period": "2026-10-28",
          "value": 1.4
        },
        {
          "period": "2026-10-29",
          "value": 1.395
        },
        {
          "period": "2026-10-30",
          "value": 1.43
        }
      ]
    }
  ],
  "chart_series": [
    "CFETS FR014"
  ],
  "recent": [
    {
      "period": "2026-09-17",
      "value": 1.46
    },
    {
      "period": "2026-09-18",
      "value": 1.46
    },
    {
      "period": "2026-09-20",
      "value": 1.45
    },
    {
      "period": "2026-09-21",
      "value": 1.46
    },
    {
      "period": "2026-09-22",
      "value": 1.46
    },
    {
      "period": "2026-09-23",
      "value": 1.43
    },
    {
      "period": "2026-09-24",
      "value": 1.47
    },
    {
      "period": "2026-09-28",
      "value": 1.47
    },
    {
      "period": "2026-09-29",
      "value": 1.45
    },
    {
      "period": "2026-09-30",
      "value": 1.41
    },
    {
      "period": "2026-10-08",
      "value": 1.425
    },
    {
      "period": "2026-10-09",
      "value": 1.43
    },
    {
      "period": "2026-10-10",
      "value": 1.35
    },
    {
      "period": "2026-10-12",
      "value": 1.43
    },
    {
      "period": "2026-10-13",
      "value": 1.425
    },
    {
      "period": "2026-10-14",
      "value": 1.42
    },
    {
      "period": "2026-10-15",
      "value": 1.42
    },
    {
      "period": "2026-10-16",
      "value": 1.42
    },
    {
      "period": "2026-10-19",
      "value": 1.42
    },
    {
      "period": "2026-10-20",
      "value": 1.42
    },
    {
      "period": "2026-10-27",
      "value": 1.41
    },
    {
      "period": "2026-10-28",
      "value": 1.4
    },
    {
      "period": "2026-10-29",
      "value": 1.395
    },
    {
      "period": "2026-10-30",
      "value": 1.43
    }
  ],
  "related": [
    "fr007",
    "fr001-repo-rate",
    "china-1-year-yield",
    "china-lpr"
  ],
  "distribution": {
    "csv": "/data/indicators/fr014-repo-rate.csv",
    "json": "/api/indicators/fr014-repo-rate.json"
  },
  "data_range": {
    "min": 1.35,
    "max": 1.47,
    "count": 24
  },
  "faq": [
    {
      "question": "What is China's FR014 14-day repo rate?",
      "answer": "1.43% for 2026-10-30, published by China Foreign Exchange Trade System (CFETS) (中国外汇交易中心). That is up 0.03 from the prior print. China Snapshot collected it on 2026-10-30."
    },
    {
      "question": "Where does the FR014 14-day repo fixing data come from?",
      "answer": "The series is published by China Foreign Exchange Trade System (CFETS) (中国外汇交易中心) at https://www.chinamoney.com.cn/english/bmkfrr/. China Snapshot collects it, keeps the history, and gives it away as a free CSV."
    },
    {
      "question": "How far back does the FR014 14-day repo fixing history go?",
      "answer": "This page holds 2026-09-17 to 2026-10-30 as a chart and a table, and the CSV download carries the full series. last updated 2026-10-30."
    }
  ]
}