Home > News Updates > Financial News > ICBC Global Market
ICBC Global Market: RMB Interest Rate Market Update - September 26, 2017
 

Liquidity balanced on Monday. Overnight repo rates rose around 5 bps at 2.8966 percent, and 7-day repo rates fell around 3 bps at 3.4455 percent. Yields of cash T-bonds edged down in brisk trading. 1-year T-bonds yields remained unchanged at 3.48 percent; 5-year T-bonds were down 1.5 bps to yield 3.595 percent; 10-year T-bonds slipped 2 bps to yield 3.595 percent. Yields of financial bonds turned lower in heavy trading. 1-year bonds issued by China Development Bank declined 2 bps to yield 3.90 percent; 5-year bonds issued by the Bank dropped 2.25 bps to yield 4.235 percent; and 10-year bonds lost 1.75 bps to yield 4.1925 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.


(2017-09-26)
Close