Group 1 - The domestic market interest rates are showing a "short weak long stable" trend, with short-term funding demand weak and market rates declining [1][3] - As of November 24, the overnight, 1-week, and 2-week Shibor rates are reported at 1.316%, 1.447%, and 1.542%, respectively, showing decreases of 19.2, 6.7, and 0.8 basis points compared to November 17 [2][3] - The 1-month, 3-month, 6-month, 9-month, and 1-year Shibor rates remain unchanged at 1.52%, 1.58%, 1.62%, 1.64%, and 1.65% [2][3] Group 2 - A total of 1.676 trillion yuan in reverse repos is set to mature this week, with the central bank conducting 338.7 billion yuan in reverse repo operations [3] - There is a high probability that the central bank will roll over or exceed the 900 billion yuan in medium-term lending facility (MLF) that is maturing this week [3] - Overall, the impact of the central bank's reverse repo operations on liquidity is minimal, but the likelihood of stronger domestic market interest rates next week is high due to increased funding demand entering December [3]
中长期利率保持稳定
Qi Huo Ri Bao·2025-11-25 07:03