Traders told the Financial Federation that today's hot market for the “24 Special Country 01” special treasury bonds did not have much impact on the cash market. The short to medium term are rotating downward today, with an average decline of 1 bp for 2 to 3 years. There is a lack of trading grippers in the long term of the data window period.
Finance Association, May 22 (Editor Liu Chen) On the first day of listing, the 30-year special treasury bond rose 25% in the intraday period. The closing result was a 1.32% increase, with earnings falling 6.27bps. There is little impact on 30-year active vouchers.
Treasury bond futures closed up collectively. The 30-year main contract rose 0.29%, the 10-year main contract rose 0.1%, the 5-year main contract rose 0.07%, and the 2-year main contract rose 0.05%.
The yield on major interbank interest rate bonds varied. As of 16:30 Beijing time, the yield of 10-year active treasury bonds was up 0.2 bp at 2.312%, the yield of active 5-year treasury bonds was down 0.75 bp to 2.1%, and the yield on 10-year CDB active bonds rose 0.5 bp to 2.414%.
(Data source: QB, compiled by the Financial Federation)
Traders told the Financial Federation that today's hot market for the “24 Special Country 01” special treasury bonds did not have much impact on the cash market. The short to medium term are rotating downward today, with an average decline of 1 bp for 2 to 3 years. There is a lack of trading grippers in the long term of the data window period.
On the primary market side:
The tender for the seventh installment of the 2024 Export-Import Bank of China financial bonds at the Shanghai Clearing House (first additional issue) was completed. The winning bid yield was 2.3059%, with a full multiplier of 4.21, and a marginal multiple of 4.
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 22 through interest rate tenders, and the winning bid interest rate was 1.8%. According to Wind data, the reverse repurchase of 2 billion yuan expired on the same day, so the amount due was completely hedged in a single day.
In terms of capital, most of the Shibor short-end products are rising. Overnight varieties reported an upward 2.1 BP report of 1.779%; a 7-day downward 0.9 BP report of 1.838%; a 14-day upward 5.0 BP report of 1.937%; and a 1-month upward 0.2 BP report of 1.908%.
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: 220,000 Ke 07, 210,000 Ke 04, 220,000 Ke 02, 210,000 Ke 02, and 21 Xuhui 02. The details are as follows:
According to Choice statistics, the top five non-financial credit bonds in the exchange market today are: 21 Chongqing Advance 02, 22 SDIC K2, 20 Double Bonds, 21 Finance Bonds, and 23 Xingcheng Construction. The details are as follows:
Interbank repurchase interest rates have fluctuated.
(Data source: Choice, compiled by the Financial Federation)
In terms of deposits, today's 3M Chinese stocks are in good demand at 1.7%-1.94%, down 0.22 bps from the previous day, and the 1Y China Stock Report is in 2.06%-2.14% position, down 0.4 bps from the previous day. In terms of AAA deposits, 9M transactions are at 2.12%, and 1Y transactions are at 2.14%.
(Data source: Choice, compiled by the Financial Federation)