货币市场日报：8月14日

Group 1 - The People's Bank of China conducted a 128.7 billion yuan 7-day reverse repurchase operation at an interest rate of 1.40%, maintaining the previous rate, resulting in a net withdrawal of 32 billion yuan due to 160.7 billion yuan of reverse repos maturing on the same day [1] - The Shanghai Interbank Offered Rate (Shibor) for overnight remained unchanged at 1.3150%, while the 7-day Shibor decreased by 0.80 basis points to 1.4260%, and the 14-day Shibor increased by 1.90 basis points to 1.4920% [2][3] Group 2 - In the interbank pledged repo market, the overnight and 14-day rates saw slight increases, while the 7-day transaction volume decreased. The weighted average rates for DR001 and R001 rose by 0.1 basis points and 0.3 basis points, respectively, while DR007 and R007 rates fell by 1.0 basis points and 0.2 basis points [4] - As of 5:30 PM on August 14, there were 65 interbank certificates of deposit issued, with a total issuance amount of 157.4 billion yuan. The primary market showed active trading sentiment, while the secondary market remained generally stable with yields fluctuating within a range [10] Group 3 - The People's Bank of China announced plans to conduct a 500 billion yuan fixed-quantity, interest-rate tendered, multi-price reverse repurchase operation on August 15, 2025, with a term of 6 months (182 days) to maintain ample liquidity in the banking system [12]