Internal transfer pricing is a basis for internal management, systematic management, risk management, economic capital and arithmetic of various indicators. If commercial banks have a relatively unified understanding of Shibor and core techniques in pricing, Shibor can be used in internal transfer pricing. This will be very important for internal management of commercial banks.
2  BIS Review 12/2008  Fifth, the relationship between Shibor and the renminbi internationalization. The renminbi is China’s main currency, a point that we shall bear in mind when contemplating the development of the money market. In the past, we only looked at the domestic market, but now we should adopt a global perspective.