Home >News Updates >Financial News >ICBC Global Market
ICBC Global Market: RMB Interest Rate Market Update - July 12, 2018
 

Liquidity remained eased on Wednesday. Overnight repo rates rallied around 9 bps at 2.4358 percent, and 7-day repo rates rose around 2 bps at 2.7507 percent. Yields of cash T-bonds edged down in steadied trading. 1-year T-bonds yields fell 2 bps at 3.10 percent; 5-year T-bonds dropped 2 bps to yield 3.32 percent; 10-year T-bonds slid 3.5 bps to yield 3.51 percent. Yields of financial bonds ended lower in heavy trading. 1-year bonds issued by China Development Bank shed 3 bps to yield 3.43 percent; 5-year bonds issued by the Bank slipped 3.5 bps to yield 4.055 percent; and 10-year bonds lost 3.75 bps to yield 4.245 percent.


Disclaimer: This research report is prepared by the Industrial and Commercial Bank of China Limited ("ICBC") based on public information. Facts and views expressed in the report do not reflect the official opinion of ICBC. ICBC makes every effort to use reliable information, but makes no representation that the information is accurate or complete. ICBC bears no responsibility or liability for any direct or indirect loss arising out of (or claimed to be arising out of) using or reliance upon such information. ICBC owns the copyright of this report. This report may not be reproduced, copied, published, distributed or quoted in any way without the express written consent of ICBC. ICBC reserves the right to investigate and prosecute violations of copyright infringement to the fullest extent of the law.


(2018-07-12)
Close