Traders said that treasury bond futures suddenly pulled back at noon, and cash securities were somewhat disturbed but had little impact. Recently, the volatility of cash securities has clearly weakened, and the activity of 10-year national development and treasury bonds are equally divided.
Finance Association, May 24 (Editor Liu Chen) The 20-year special treasury bond tender ended, with a weighted bid yield of 2.49%, a full-scale multiplier of 4.34, and a marginal multiple of 1.05. Treasury bond futures suddenly fell by about 0.1% in the intraday period. Cash notes did not fluctuate much, and 10-year treasury bonds rose 0.65 bps.
Treasury bond futures closed down across the board. The 30-year main contract fell 0.19%, the 10-year main contract fell 0.08%, the 5-year main contract fell 0.06%, and the 2-year main contract fell 0.05%.
Yields on major interbank interest rate bonds have mostly risen. As of 16:30 Beijing time, the yield of 10-year active treasury bonds rose 0.65 bp to 2.3105%, the yield of 5-year active treasury bonds rose 0.75 bp to 2.095%, and 10-year active treasury bonds rose 0.6 bp to 2.41%.
(Data source: QB, compiled by the Financial Federation)
Traders said that treasury bond futures suddenly pulled back at noon, and cash securities were somewhat disturbed but had little impact. Recently, the volatility of cash securities has clearly weakened, and the activity of 10-year national development and treasury bonds are equally divided.
On the primary market side:
We learned from the interbank market that the 2024 ultra-long-term special treasury bonds (phase II) have ended. The term is 20 years, the weighted bid yield is 2.49%, the overall ratio is 4.34, and the marginal multiple is 1.05.
On the open market side, 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 on May 24 through interest rate tenders, and the winning bid interest rate was 1.80%. According to Wind data, a reverse repurchase of 2 billion yuan expired on the same day, so the maturity amount was completely hedged.
In terms of capital, most of the Shibor short-end products are declining. Overnight varieties reported a downward 0.3 BP report of 1.766%; a 7-day downward 1.1 BP report of 1.818%; a 14-day downtrend of 0.2 BP reported 1.917%; and a 1-month period remained flat at 1.905%.
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: PR Sheyang 01, PR Honghe Bonds, 19 Huaigong 02, 19 Deqing 01, and 20 Rongsan 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 Biti 04, PR Wansheng 02, 200,000 Ke 04, 23 Wujin 05, and 22 China Insurance Y1. The details are as follows:
Interbank repurchase rates have mostly risen.
(Data source: Choice, compiled by the Financial Federation)
In terms of deposits, today's 3M Chinese stocks are in good demand at 1.73%-1.93%, down 0.03 bps from the previous day, and the 1Y China Stock Report is at 2.08%-2.15%, up 0.25 bps from the previous day. In terms of AAA deposits, 9M transactions are at 2.12%, and 1Y transactions are at 2.13%.
(Data source: Choice, compiled by the Financial Federation)