货币市场日报：8月20日

Group 1 - The People's Bank of China conducted a 7-day reverse repurchase operation of 616 billion yuan at an interest rate of 1.40%, maintaining the previous rate, resulting in a net injection of 497.5 billion yuan after 118.5 billion yuan of reverse repos matured on the same day [1] - The Shanghai Interbank Offered Rate (Shibor) showed a mixed trend, with the overnight Shibor rising by 0.90 basis points to 1.4730%, the 7-day Shibor increasing by 1.70 basis points to 1.5340%, and the 14-day Shibor declining by 0.30 basis points to 1.5960% [2][3] - In the interbank pledged repo market, various products continued to see slight increases, particularly the 7-day products, with weighted average rates for DR001 and R001 rising by 0.2 basis points and 1.0 basis points, respectively [4] Group 2 - The money market showed a tightening trend in the morning of August 20, with rates for overnight and 7-day deposits fluctuating between 1.60%-1.65% and 1.56%-1.58%, respectively, before easing in the afternoon [8] - As of 5:30 PM on August 20, there were 84 interbank certificates of deposit issued, with a total issuance amount of 70.46 billion yuan [8] - The primary market for certificates of deposit remained weak, with trading sentiment affected by fluctuations in the current bond market and upcoming maturity dates [9]