Home >News Updates >Financial News >ICBC Global Market
ICBC Global Market: RMB Interest Rate Market Update - October 11, 2018
 

Liquidity remained loose balance on Wednesday. Overnight repo rates fell around 11 bps at 2.4183 percent, and 7-day repo rates retreated around 1 bp at 2.6590 percent. Yields of cash T-bonds diverged in steadied trading. 1-year T-bonds yields remained unchanged at 2.90 percent; 5-year T-bonds were flat to yield 3.41 percent; 10-year T-bonds inched up 0.25 bps to yield 3.6175 percent. Yields of financial bonds dropped slightly in stable trading. 1-year bonds issued by China Development Bank slid 0.5 bps to yield 2.97 percent; 5-year bonds issued by the Bank were down 0.75 bps to yield 3.9425 percent; and 10-year bonds lost 0.25 bps to yield 4.1825 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.


(2018-10-11)
Close