Group 1 - The People's Bank of China conducted a 240.5 billion yuan 7-day reverse repurchase operation at an interest rate of 1.40% and a 300 billion yuan 14-day reverse repurchase operation, resulting in a net injection of 260.5 billion yuan into the market [1] - The overnight and 7-day Shanghai Interbank Offered Rate (Shibor) continued to decline, while the 14-day Shibor increased. Specifically, the overnight Shibor fell by 3.40 basis points to 1.4270%, and the 7-day Shibor decreased by 2.20 basis points to 1.4660% [1][3] - In the interbank pledged repo market, the overnight rates decreased while the 14-day rates increased, with the R014 rate surpassing 1.7%. The weighted average rates for DR001 and R001 fell by 3.7 basis points and 2.4 basis points, respectively [5] Group 2 - The overall funding situation on September 22 was balanced and slightly loose, with overnight transactions primarily occurring in the range of 1.53%-1.55% and 7-day rates around 1.52% [7] - A total of 111 interbank certificates of deposit were issued on September 22, with an actual issuance amount of 231.87 billion yuan [7] - The financial regulatory authority reported that since the beginning of the "14th Five-Year Plan," insurance funds have invested over 5.4 trillion yuan in stocks and equity funds, marking an 85% increase compared to the end of the "13th Five-Year Plan" [11]
货币市场日报:9月22日
Xin Hua Cai Jing·2025-09-22 14:17