货币市场日报：11月7日

Group 1 - The People's Bank of China conducted a reverse repurchase operation of 141.7 billion yuan at a fixed rate of 1.4%, resulting in a net withdrawal of 913.4 billion yuan from the open market due to maturing reverse repos [1] - The Shanghai Interbank Offered Rate (Shibor) for overnight and 7-day tenors increased slightly, with overnight Shibor rising by 1.40 basis points to 1.3270% and 7-day Shibor increasing by 0.10 basis points to 1.4220% [1] - The interbank pledged repo market showed slight increases in overnight and 14-day rates, with DR001 and R001 weighted average rates rising by 1.6 basis points and 2.9 basis points, respectively [3] Group 2 - The funding environment turned slightly tight on November 7, with reduced supply from major state-owned banks, leading to higher transaction rates for overnight and 7-day repos [8] - A total of 95 interbank certificates of deposit were issued on November 7, with an actual issuance volume of 76.8 billion yuan [8] - The trading sentiment for primary certificates of deposit was generally average, with secondary market yields showing narrow fluctuations across various tenors [9]