Home > News Updates > Financial News > ICBC Global Market
ICBC Global Market: RMB Interest Rate Market Update - January 19, 2018
 

Liquidity was balanced on Thursday. Overnight repo rates inched down around 1 bp at 2.9745 percent, and 7-day repo rates rallied around 9 bps at 3.8133 percent. Yields of cash T-bonds edged up in brisk trading. 1-year T-bonds yields remained unchanged at 3.58 percent; 5-year T-bonds rose 2.5 bps to yield 3.91 percent; 10-year T-bonds added 1 bp to yield 3.97 percent. Yields of financial bonds turned higher in heavy trading. 1-year bonds issued by China Development Bank remained unchanged to yield 4.40 percent; 5-year bonds issued by the Bank firmed 4 bps to yield 5.06 percent; and 10-year bonds gained 3.75 bp to yield 5.115 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.


(2018-01-19)
Close