【立方债市通】3家豫企110亿债务工具获批/洛阳AAA主体拟发债10亿/央行发布重要数据

Group 1 - Three companies in Henan province have received approval for a total of 11 billion yuan in debt financing instruments, including Luoyang Luanchuan Molybdenum Group with 8 billion yuan, New Zheng City Investment Group with 1 billion yuan, and Chengfa Environmental Co., Ltd. with 2 billion yuan [1] - In July, the interbank market issued 917.5 billion yuan in debt financing tools, with 3.285 billion yuan in ultra-short-term financing bills, 427 million yuan in short-term financing bills, and 4.548 billion yuan in medium-term notes [1] - The People's Bank of China conducted a reverse repurchase operation of 782.9 billion yuan, resulting in a net injection of 421.7 billion yuan on August 29 [5] Group 2 - The National Development and Reform Commission is working on policies to support more eligible private investment projects to issue infrastructure REITs, particularly in sectors like railways and nuclear power [6] - Jiangsu province is focusing on clearing local financing platforms to mitigate government debt risks and ensure regional financial stability [7] - Shanghai successfully issued 11 batches of local government bonds totaling 42.546 billion yuan for various public projects [7] Group 3 - The bond market issued a total of 77.5362 trillion yuan in various bonds in July, including 12.2265 trillion yuan in government bonds and 13.4968 trillion yuan in corporate credit bonds [3] - The Ministry of Finance plans to reissue 239 billion yuan in government bonds, including 82 billion yuan in ultra-long-term special government bonds [16] - The bond market's custody balance reached 190.4 trillion yuan by the end of July, with 168.4 trillion yuan in the interbank market [3] Group 4 - The current bond market interest rates present good investment opportunities, with banks having ample funds for allocation and a strong motivation to invest [21] - The discount rate for 5-month bills has decreased from 1.05% to 0.5%, indicating weak credit demand from banks [22] - The peak issuance period in August provides a favorable environment for primary market allocations, with expectations of declining rates in September [22]