Group 1 - The People's Bank of China conducted a 135.3 billion yuan 7-day reverse repurchase operation at an interest rate of 1.40%, maintaining the previous rate, resulting in a net injection of 18 billion yuan due to 117.3 billion yuan of reverse repos maturing on the same day [1] - The Shanghai Interbank Offered Rate (Shibor) showed minor fluctuations, with the overnight Shibor rising by 0.20 basis points to 1.2760%, while the 7-day Shibor decreased by 0.30 basis points to 1.4290%, and the 14-day Shibor fell by 0.10 basis points to 1.5100% [1][2] Group 2 - In the interbank pledged repo market, bank rates increased while non-bank rates decreased. Specifically, the weighted average rates for DR001 and R001 remained stable and decreased by 0.2 basis points to 1.2744% and 1.3448%, respectively, with transaction volumes showing mixed results [4] - The overall funding situation on December 16 was balanced, with overnight rates fluctuating between 1.30% and 1.46% throughout the day, indicating a generally loose funding environment [9] - As of 5:30 PM on December 16, 90 interbank certificates of deposit (CDs) were issued, totaling 180.65 billion yuan, with secondary market trading showing slight fluctuations, particularly in the 1-month and 3-month maturities [10]
货币市场日报：12月16日
Xin Hua Cai Jing·2025-12-16 12:09