贴现国债 浙江科技学院后勤

The inter-bank bond market after the central bank released massive reverse repurchase edged up liquidity in China reinforcements FX168 the central bank open market daily net invested a substantial volume of assistance, the inter-bank market funds face early Friday (February 26th) slowly, spot bond yields also slightly lower, but the overall look is still in stalemate trend; and from the central bank’s latest statement further, monetary policy is lack of imagination, the stronger inhibition effect on the bond market. The latest national debt 150218 coupons for the remaining period of nearly 10 years, the latest offer at 3.19% 3.17%, Thursday’s late trading of 3.20% 3.17%. China financial futures exchange in the five-year bond futures contract TF1606 early closing at 100.320 yuan, unchanged from Tuesday settlement price 10 year bonds; the main contract T1606 closed at 99.355 yuan, compared with yesterday settled down 0.06%. The transaction pointed out that the current economic fundamentals have not yet seen a strong policy of recovery, but the beginning of the rapid credit growth, no doubt that the economic recovery is expected to increase, coupled with monetary policy easing efforts to weaken the marginal, the recent bond material is difficult to have further motivation to do more, the main tone of weak shocks or still. Chinese central bank governor Zhou Xiaochuan said on Friday that the China monetary policy will give more consideration to the macroeconomic situation, not excessive based on external economic or capital flows, continue to implement prudent monetary policy; monetary policy too much, the effect will be reduced, don’t have too high expectations of monetary policy, to use more policy fiscal policy and structural reforms. Another trader noted that Friday open market a large number of net invested, the more obvious to ease the financial strain effect, indicating that the central bank short-term funds face care more strongly, but only in the short term can only compensate for the loss of some tools of liquidity on the bond market, to further promote. China’s central bank made a 300 billion day seven day reverse repo earlier, with interest rates unchanged at 2.25%. In spite of the weekly net return of 80 billion yuan, the net investment of more than 200 billion yuan will still be realized only in this day. A market, a significant differentiation of treasury bonds and financial bonds tender recently, financial bonds become weaker, while Treasury remains strong. The Ministry of Finance morning 10 billion yuan tender period of three months (91 days) discount bonds, weighted bid yield of 1.9896%, the continuation of the recent trend of steadily falling debt; the marginal bid yield of 2.0480%, bid multiples of 3.21 times. At the same time, the central bank released Friday Chinese massive reverse repo liquidity reinforcements, the inter-bank money market tensions eased, the supply must be improved, the main varieties of the turnover of the overnight repo rate downward, but the trend is still relatively loose from the previous distance. Enter Sina Financial shares] discussion

银行间债市盘中略涨 央行释出巨量逆回购增援流动性   FX168讯 在中国央行公开市场单日净投放大幅放量的扶助下,银行间市场周五(2月26日)早盘资金面稍缓,现券收益率亦略微走低,但总体看仍陷胶着走势;而从央行最新表态来看,货币政策缺乏进一步想象空间,将对债市走强形成抑制。   剩余期限近10年的国开债150218券最新报价在3.19% 3.17%,周四尾盘为3.20% 3.17%。   中国金融期货交易所五年期国债期货主力合约TF1606早盘收报100.320元人民币,与周四结算价持平;10年期国债主力合约T1606收报99.355元,较周四结算价跌0.06%。   交易指出,目前经济基本面尚未看到复苏的有力政策,但年初信贷投放快速增长,无疑令经济回暖预期有所增强,加之货币政策边际放松力度减弱,近期债市料难有进一步做多动力,偏弱震荡或仍是主基调。   中国央行行长周小川周五表示,中国货币政策会更多考虑宏观经济情况,不会过度基于外部经济或者资本流动,继续实行稳健货币政策;货币政策用得太多,效应会递减,不要寄予货币政策过高期望值,要更多使用财政政策和结构性改革政策。   另有交易员指出,周五公开市场大量净投放,对缓解资金紧张效果较为明显,表明央行对短期资金面的呵护较为坚决,不过仅以中短期工具最多也只能弥补流动性的流失部分,对债市难有进一步推动作用。   中国央行稍早进行的3,000亿元人民币七天期逆回购,利率持平于2.25%。尽管按周计算为净回笼800亿元,仅就今日来看,仍实现超过2,000亿元的净投放。   一级市场方面,近期国债和金融债招标出现明显分化,金融债趋弱,而国债仍维持强势。财政部上午招标的100亿元人民币三个月期(91天)贴现国债,加权中标收益率为1.9896%,延续近期节节走低之势;该债边际中标收益率为2.0480%,投标倍数3.21倍。   与此同时,中国央行周五释出巨量逆回购增援流动性,银行间资金市场紧张情绪有所缓和,供给出现一定改善,主要成交品种的隔夜回购加权利率下行,不过离此前较为宽松态势仍有距离。 进入【新浪财经股吧】讨论相关的主题文章: