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ICBC Global Market: RMB Interest Rate Market Update - October 25, 2018
 

Liquidity remained eased on Wednesday. Overnight repo rates fell around 6 bps at 2.4071 percent, and 7-day repo rates retreated 2 bps at 2.6154 percent. Yields of cash T-bonds edged down in brisk trading. 1-year T-bonds yields slipped 2.5 bps at 2.85 percent; 5-year T-bonds dropped 2 bps to yield 3.365 percent; 10-year T-bonds trimmed 3 bps to yield 3.55 percent. Yields of financial bonds ended lower in heavy trading. 1-year bonds issued by China Development Bank remained unchanged to yield 2.89 percent; 5-year bonds issued by the Bank were down 3.75 bps to yield 3.8525 percent; and 10-year bonds lost 2 bps to yield 4.105 percent.

 

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(2018-10-25)
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