The central bank in the inter-bank market will be issued 3.5 billion yuan for one year the central counting – Information Center – Finance
Posted on Nov-21-2007· by china investor
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Today, the central bank in the inter-bank market will be issued 3.5 billion yuan 1-year Central, with circulation unchanged from last week. As a central counting, the secondary market spreads space still exists, is expected to one-year central counting interest rates will continue to rise.
Sharp rise in a row after three weeks, last Tuesday 1-year issue with the central rate reached 3.9393 percent. In debt yield curve indicates that the present 1-year central counting secondary market interest rates as 4.09 percent.
Analysts have pointed out that, since this week with Chinese iron in the IPO, is expected to money market interest rates have risen considerably, so this week the intensity of the central bank open market operations will not be too great. In addition, the central counting rates reach a certain level before the central counting circulation figures would not be expanded significantly.
This week a total of 76 billion yuan of funds due, last week increased 23 billion yuan. These include 24 billion yuan due bills and 52 billion yuan due repurchase funds.
   First Financial Daily
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