货币市场日报：6月10日

Group 1 - The People's Bank of China conducted a 198.6 billion yuan reverse repurchase operation with an interest rate steady at 1.40%, resulting in a net withdrawal of 255.9 billion yuan due to 454.5 billion yuan of reverse repos maturing on the same day [1] - The Shanghai Interbank Offered Rate (Shibor) for short-term instruments showed a slight decline, with overnight Shibor down by 1.60 basis points to 1.3620%, and 7-day Shibor down by 0.10 basis points to 1.4960% [1] - The overall rates in the interbank pledged repo market decreased slightly, with DR001 and R001 weighted average rates falling by 1.4 basis points and 0.8 basis points, respectively, while transaction volumes increased significantly [4] Group 2 - The funding market on June 10 exhibited a balanced state, with overnight pledged rates for certificates of deposit trading around 1.50% and 7-day terms around 1.52%, indicating stable funding prices throughout the day [8] - A total of 185 interbank certificates of deposit were issued on June 10, with an actual issuance volume of 365.1 billion yuan, reflecting active trading sentiment in the primary market [9] - The business revenue index released by the Hong Kong government showed a significant year-on-year increase of 32.5% in the financial sector (excluding banks) for the first quarter of 2025, indicating robust growth in this industry [11]