Open market operations:
From April 18 to April 22, the central bank launched reverse repurchase operations in the open market, invested 50 billion yuan, the maturity of reverse repurchase was 60 billion yuan, and the net return in the open market was 10 billion yuan. It is expected that 50 billion yuan of reverse repurchase will expire this week. Money market:
As of April 22, the weighted average interest rate of inter-bank borrowing changed by - 0.25bp to 1.48% compared with April 15, and the weighted average interest rate of pledge repo changed by 6.75bp to 1.52% compared with April 15; In terms of short-term interest rates, overnight Shibor, one week Shibor, two week Shibor and one month Shibor were 1.2550%, 1.7000%, 1.9460% and 2.2130% respectively, with changes of -8.40bp, -12.20bp, 6.20bp and -4.00bp respectively compared with April 15; In terms of medium-term interest rate, the three-month Shibor, six-month Shibor, nine-month Shibor and one-year Shibor were 2.3050%, 2.3980%, 2.4510% and 2.5400% respectively, with changes of -3.10bp, -2.30bp, -3.10bp and -2.70bp respectively compared with April 15.
Treasury bond market:
As of April 22, the maturity yields of 1-month, 3-month, 6-month, 1-year, 3-year, 5-year, 10-year and 30-year treasury bonds were 1.5761%, 1.8815%, 1.9493%, 1.9542%, 2.4202%, 2.6018%, 2.8409% and 3.3077% respectively, with changes of -12.78bp, 1.11bp, 0.71bp, -3.76bp, 7.48bp, 7.92bp, 8.31bp and -3.65bp respectively compared with April 15.
Foreign exchange market:
As of April 22, the central parity rate of US dollar against RMB rose 700bp to 6.4596 compared with April 15; The spot exchange rate of US dollar against RMB rose 1163bp to 6.4875 compared with April 15, 279bp higher than the middle price; The spot exchange rate of USD against offshore RMB rose 1459bp to 6.5274 compared with April 15, 399bp higher than the onshore spot exchange rate.
