Home >News Updates >Financial News >ICBC Global Market
ICBC Global Market: RMB Interest Rate Market Update - October 12, 2017
 

Liquidity balanced on Wednesday. Overnight repo rates fell around 10 bps at 2.8112 percent, and 7-day repo rates plunged around 53 bps at 3.3103 percent. Yields of cash T-bonds diverged in brisk trading. 1-year T-bonds yields remained unchanged at 3.49 percent; 5-year T-bonds inched up 0.5 bps to yield 3.64 percent; 10-year T-bonds were flat to yield 3.65 percent. Yields of financial bonds were little changed in heavy trading. 1-year bonds issued by China Development Bank were flat to yield 3.98 percent; 5-year bonds issued by the Bank remained unchanged to yield 4.28 percent; and 10-year bonds were flat to yield 4.225 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.


(2017-10-12)
Close