货币市场日报：10月28日

Monetary Policy Operations - The People's Bank of China conducted a 7-day reverse repurchase operation of 475.3 billion yuan at an interest rate of 1.40%, maintaining the previous rate [1] - With 159.5 billion yuan of 7-day reverse repos maturing on the same day, the net injection into the open market was 315.8 billion yuan [1] Interbank Offered Rates - The Shanghai Interbank Offered Rate (Shibor) showed mixed movements, with the overnight Shibor rising by 2.70 basis points to 1.4690%, while the 7-day Shibor fell by 1.20 basis points to 1.5300% [2][3] - The 14-day Shibor increased by 4.90 basis points to 1.6470% [2] Repo Market Activity - In the interbank pledged repo market, various rates experienced slight fluctuations, with R007 and R014 continuing to show an inverted relationship [4] - The weighted average rates for DR001 and R001 rose by 1.6 basis points and fell by 0.6 basis points, respectively, while DR007 and R007 saw declines of 2.4 basis points and 3.4 basis points [4] Funding Conditions - The funding environment on October 28 was characterized by a loose stance, with overnight transactions initially around 1.55% and gradually declining to a range of 1.45%-1.48% by the end of the day [8] - A total of 75 interbank certificates of deposit (CDs) were issued, with an actual issuance volume of 181.72 billion yuan [8] Financial Performance of Banks - China Bank reported a third-quarter revenue of 162.697 billion yuan, a year-on-year increase of 0.94%, and a net profit attributable to shareholders of 60.069 billion yuan, up 5.09% [11] - For the first three quarters, the bank achieved a revenue of 492.115 billion yuan, a 2.72% increase, and a net profit of 177.66 billion yuan, up 1.08% [11]