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ICBC Global Market: RMB Interest Rate Market Update - September 26, 2018
 

Liquidity remained loose balance on Tuesday. Overnight repo rates inched up around 1 bp at 2.5614 percent, and 7-day repo rates rallied around 16 bps at 2.8197 percent. Yields of cash T-bonds diverged in steadied trading. 1-year T-bonds yields rose 1 bp at 2.98 percent; 5-year T-bonds remained unchanged to yield 3.48 percent; 10-year T-bonds added 0.25 bps to yield 3.68 percent. Yields of financial bonds were mixed in stable trading. 1-year bonds issued by China Development Bank climbed 1.5 bps to yield 3.105 percent; 5-year bonds issued by the Bank were flat to yield 4.075 percent; and 10-year bonds gained 0.25 bps to yield 4.2675 percent.


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(2018-09-26)
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