[the central bank] on April 25, it lowered the deposit reserve ratio of financial institutions by 0.25 percentage points, released long-term funds of about 530 billion yuan, and carried out a 7-day reverse repurchase operation of 10 billion yuan by means of interest rate bidding, with a bid winning interest rate of 2.10%. Today, the 10 billion yuan reverse repurchase is due.
[central bank] on April 25, in order to improve the utilization capacity of foreign exchange funds of financial institutions, the people's Bank of China decided to reduce the foreign exchange deposit reserve ratio of financial institutions by 1 percentage point from May 15, 2022.
[finance] on April 25, treasury bond futures rose across the board, with 10-year main contracts up 0.25%, 5-year main contracts up 0.11% and 2-year main contracts up 0.06%. The yield of major inter-bank interest rate bonds fell. The yield of 10-year Guokai active bond 220205 fell 2.50bp to 3.043%, the yield of 10-year Treasury bond 220003 fell 1.75bp to 2.815%, and the yield of 5-year treasury bond 220007 fell 3.00bp to 2.570%.
[finance] on April 25, the money market interest rate fell slightly, and the inter-bank capital was balanced. The one-day interbank borrowing between banks and depositors was reported at 1.303%, up 0.10 basis points; The 7-day report was 1.712%, down 9.7 basis points; The 14 day report was 1.945%, down 1.6 basis points; The one-month report was 2.181%, down 1.3 basis points. The one-day varieties of inter bank pledge repo were reported at 1.3056%, up 0.3 basis points; The seven-day report was 1.6323%, down 11.95 basis points; The 14 day report was 1.9347%, down 2.78 basis points; It fell by 14.971 basis points over the period.
[enterprises] during April 25, most credit bonds rose, and the credit interest margin rose slightly. A total of 1388 inter-bank and exchange credit bonds (corporate bonds, corporate bonds, medium notes, short-term financing and directional instruments) were traded, with a total turnover of 147193 billion yuan. Among them, 820 credit bonds rose, 108 were flat and 408 fell.
[residents] on April 24, the number of commercial housing transactions in 30 large and medium-sized cities and first tier cities was - 0.28% and the area of commercial housing transactions was - 0.24% compared with the previous day; The number of commercial housing transactions in second tier cities was + 0.00% compared with the previous day, and the transaction area of commercial housing was + 0.01% compared with the previous day; The number of commercial housing transactions in third tier cities was - 0.02% compared with the previous day, and the transaction area of commercial housing was + 0.22% compared with the previous day.
[expected] on April 25, Shanghai Securities News learned that the financial management department held meetings and gave guidance to 6 state-owned banks, 12 joint-stock banks and 5 AMC companies (asset management companies).
Recent focus: the pre force of fiscal policy