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ICBC Global Market: RMB Interest Rate Market Update - June 23, 2017
 

Liquidity balanced on Thursday. Overnight repo rates fell around 6 bps at 2.9111 percent, and 7-day repo rates plunged around 17 bps at 3.3628 percent. Yields of cash T-bonds edged up in brisk trading. 1-year T-bonds yields remained unchanged at 3.50 percent; 5-year T-bonds rose 5 bps to yield 3.55 percent; 10-year T-bonds climbed 3.5 bps to yield 3.57 percent. Yields of financial bonds were mixed in heavy trading. 1-year bonds issued by China Development Bank dropped 2 bps to yield 4.10 percent; 5-year bonds issued by the Bank added 3 bps to yield 4.15 percent; and 10-year bonds gained 4.25 bps to yield 4.2175 percent.

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(2017-06-23)
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