(Yicai Global) July 18 --  Although China's central bank delivered a liquidity boost for the  banking system today, this did not stop the different tenors of the Shanghai Interbank Offered Rate from climbing today.

The overnight Shibor advanced 6.1 bips to 2.7720. The one-week Shibor rose 1.4 basis point to  2.7480. The three-month tenor edged up 1 bip to 2.6230 while the  one-year rate rose 0.2 bip to 3.1010. 

The People's Bank of China net injected CNY100 billion (USD14.5 billion) into the banking system today. The move followed a similar CNY100 billion shift yesterday. The lender has put more cash into the monetary system each day of this week. 

Editor: Emmi Laine