货币市场日报：5月16日

Group 1 - The People's Bank of China conducted a 1,065 billion yuan reverse repurchase operation with a rate of 1.40%, maintaining the previous level, resulting in a net injection of 295 billion yuan after 770 billion yuan of reverse repos matured on the same day [1] - The Shanghai Interbank Offered Rate (Shibor) for short-term products increased across the board, with the overnight Shibor rising by 25.00 basis points to 1.6540%, while the 7-day and 14-day Shibor also saw increases [1] - In the interbank pledged repo market, all varieties experienced an increase, with DR001 and R001 weighted average rates rising by 21.9 basis points and 20.4 basis points, respectively, while transaction volumes decreased significantly [5] Group 2 - The funding environment was tight in the morning but eased by the afternoon, with overnight transactions occurring in the range of 1.55%-1.60% and the lowest rate dropping to 1.45% by the end of the day [8] - As of 5:30 PM on May 16, there were 88 interbank certificates of deposit issued, with an actual issuance amount of 780.6 billion yuan [8] - The first-level certificates of deposit saw a net withdrawal of 4,751 billion yuan this week, with overall trading sentiment remaining subdued [9] Group 3 - As of the end of April, the balance of Shanghai's foreign and domestic currency loans was 12.69 trillion yuan, showing a year-on-year growth of 8.7%, while the balance of RMB loans was 12.11 trillion yuan, up 9.2% year-on-year [11] - The balance of foreign currency loans was 80.2 billion USD, down 2.7% year-on-year, while the balance of foreign currency deposits was 176.3 billion USD, up 11% year-on-year [11] - The Honghu Fund Phase II, with a scale of 20 billion yuan, is set to invest in large-cap, liquid, and high-impact listed companies, aiming to leverage long-term capital [13]