货币市场日报：8月27日

Monetary Policy and Market Operations - The People's Bank of China conducted a 7-day reverse repurchase operation of 379.9 billion yuan, resulting in a net withdrawal of 236.1 billion yuan due to 616 billion yuan of reverse repos maturing on the same day [1] - The Shanghai Interbank Offered Rate (Shibor) showed slight fluctuations, with the overnight Shibor decreasing by 0.20 basis points to 1.3150%, while the 7-day Shibor increased by 2.40 basis points to 1.4910% [1][2] Interbank Repo Market - In the interbank pledged repo market, various rates saw slight increases, with the weighted average rates for DR001 and R001 rising by 0.0 and 0.1 basis points to 1.3145% and 1.3608%, respectively [4] - The weighted average rates for DR007 and R007 increased by 2.0 and 1.2 basis points to 1.5123% and 1.5379%, with transaction volumes decreasing [4] Funding Conditions - Throughout the day, the funding environment transitioned from loose to gradually tightening, with overnight rates stabilizing around 1.36%-1.40% and 7-day repo rates around 1.53%-1.55% [10] - By the end of the day, the interbank certificate of deposit market saw 59 issuances totaling 110.9 billion yuan [10] Financial Performance of Companies - China Life reported a revenue of 239.235 billion yuan for the first half of the year, a year-on-year increase of 2.10%, with a net profit of 40.931 billion yuan, up 6.90% [14] - China Pacific Insurance achieved a premium income of 323.282 billion yuan, a 3.6% increase, with a net profit of 24.455 billion yuan, reflecting a 32.3% growth [14]