货币市场日报：12月25日

Group 1 - The People's Bank of China conducted a 177.1 billion yuan 7-day reverse repurchase operation at an interest rate of 1.40%, maintaining the previous rate, resulting in a net injection of 88.8 billion yuan after 88.3 billion yuan of reverse repos matured on the same day [1] - The Shanghai Interbank Offered Rate (Shibor) showed slight fluctuations, with the 7-day Shibor rising by 1.50 basis points to 1.4000%, while the overnight Shibor decreased by 0.50 basis points to 1.2620% [1][2] - In the interbank pledged repo market, the DR007 rate increased by over 10 basis points, while the R014 rate continued to rise in both volume and price [4] Group 2 - The overall funding situation in the market was balanced, with major banks lending out funds at rates between 1.50% and 1.52% for overnight deposits, and demand remained strong for cross-month rates [10] - On December 25, 72 interbank certificates of deposit were issued, totaling 71.77 billion yuan, with varying trading sentiments across different maturities [11] - The financial regulatory authority emphasized the importance of managing partnerships and has issued over 1,100 risk warnings and public statements to guide public awareness [13]