the interest rate for issuing bank notes with certificates of deposit pledged is calculated according to the time limit of deposit. The longest loan term in hypothecated loan is not more than one year or the maturity date of the certificate of deposit. At present, the expected annualized interest rate of the loan is as follows: the expected annualized interest rate of the loan within one year (inclusive) is 5.1%. The expected annualized interest rate for loans from one year to five years (inclusive) is 5.5%.