Traders said that judging from futures, the bond market was running smoothly in early trading but was not very emotional, and fluctuated in a narrow range of 104.1. The decline began in the afternoon, and the decline extended to 0.2% after 3 o'clock, probably due to the sharp drop in exchange rates.
Financial Services Association, March 22 (Editor Liu Chen) Today, the central bank invested a small amount of 2 billion dollars, and the funding level is still balanced. Treasury bond futures fell more than 0.2% before closing, or due to changes in exchange rates.
Treasury bond futures closed down across the board. The 30-year main contract fell 0.76%, the 10-year main contract fell 0.25%, the 5-year main contract fell 0.17%, and the 2-year main contract fell 0.02%.
Yields on major interbank interest rate bonds have mostly risen. As of 16:40 Beijing time, the yield of 10-year active treasury bonds rose 1.6 bp to 2.33%, the yield of 5-year active treasury bonds rose by 1.6 bp to 2.33%, the yield of 5-year active treasury bonds rose by 1 bp to 2.20%, and the yield of 10-year CDB active bonds rose 1.25 bp to 2.44%.
(Data source: QB, compiled by the Financial Federation)
Traders said that judging from futures, the bond market was running smoothly in early trading, but sentiment was low and fluctuated in a narrow range of 104.1. The decline began in the afternoon, and the decline extended to 0.2% after 3 o'clock, probably due to the sharp drop in exchange rates.
On the primary market side:
The exchange bond market closed, and real estate bonds had mixed ups and downs.
According to Choice statistics, the top five declines in non-financial credit bonds in the exchange market today are: H1 Jinke 01, 19 Dragon Holdings 01, 200,000 Ke 02, 21 Xuhui 02, and 24 Construction Engineering 01. The details are as follows:
According to Choice statistics, the top five non-financial credit bond gains in the exchange market today are: H1 Jinke 04, 20 Jinke 03, 21 Sunac 01, PR Qiantie Investment, and 22 Xuhui 01. The details are as follows:
In terms of open market operations, the central bank announced that in order to maintain reasonable and abundant liquidity in the banking system, a 7-day reverse repurchase operation of 2 billion yuan was launched, and the winning bid interest rate was 1.8%, which is the same as before. A reverse repurchase of 13 billion yuan expired on the same day, and the open market achieved a net return of 11 billion yuan.
Interbank repurchase interest rates have mostly declined:
(Data source: Choice, compiled by the Financial Federation)
In terms of deposits, today's 3M Chinese stocks are in relatively good demand at 2.1%-2.2%. Compared with the previous day, the 1Y China Stock Report is at a position of 2.2%-2.32%, down 0.75 bps from the previous day. In terms of AAA deposits, 9M transactions are at 2.32%, and 1Y transactions are at 2.3%.
(Data source: Choice, compiled by the Financial Federation)