Historical Year Data · 2006

China 3M Interbank in 2006

China 3M Interbank opened 2006 at 1.78% and closed at 2.84%, a +59.55% move for the year. The high of 3.12% was reached on July 1, and the low of 1.78% on February 1.

Open

1.78%

2006-01

2.84%

11 data points

High

3.12%

Jul 1

Low

1.78%

Feb 1

Full Year Change

+59.55%

2005 Change

-28.92%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Feb	1.78%	1.78%	1.78%	1.78%	+0.00%
Mar	1.89%	1.89%	1.89%	1.89%	+0.00%
Apr	2.24%	2.24%	2.24%	2.24%	+0.00%
May	2.27%	2.27%	2.27%	2.27%	+0.00%
Jun	2.51%	2.51%	2.51%	2.51%	+0.00%
Jul	3.12%	3.12%	3.12%	3.12%	+0.00%
Aug	2.85%	2.85%	2.85%	2.85%	+0.00%
Sep	2.72%	2.72%	2.72%	2.72%	+0.00%
Oct	2.70%	2.70%	2.70%	2.70%	+0.00%
Nov	2.98%	2.98%	2.98%	2.98%	+0.00%
Dec	2.84%	2.84%	2.84%	2.84%	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

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