Home > News Updates > Financial News > ICBC Global Market
ICBC Global Market: RMB Interest Rate Market Update - October 10, 2018
 

Liquidity remained loose balance on Tuesday. Overnight repo rates fell around 3 bps at 2.5270 percent, and 7-day repo rates retreated around 4 bps at 2.6697 percent. Yields of cash T-bonds dipped slightly in steadied trading. 1-year T-bonds yields dropped 2 at 2.90 percent; 5-year T-bonds slipped 1.5 bps to yield 3.41 percent; 10-year T-bonds shed 0.5 bps to yield 3.615 percent. Yields of financial bonds were mixed in stable trading. 1-year bonds issued by China Development Bank slid 3.5 bps to yield 2.975 percent; 5-year bonds issued by the Bank were down 1.5 bps to yield 3.95 percent; and 10-year bonds gained 0.25 bps to yield 4.185 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.


(2018-10-10)
Close