宏观金融数据日报-20260302

Report Summary 1. Report Industry Investment Rating - No information provided 2. Core Viewpoints - The LPR interest rate in February remained unchanged, with the 1-year LPR at 3.0% and the 5-year LPR at 3.5% [5] - Overseas geopolitical disturbances have intensified due to the US-Israel attack on Iran, while the approaching Two Sessions in China provide strong support for stock index due to policy利好 expectations [8] - If the Middle East conflict does not worsen, the short - term adjustment of the stock index will bring good long - position layout opportunities [8] 3. Summary by Relevant Catalogs Money Market - DRO01 closed at 1.32, down 2.60bp; DR007 closed at 1.50, up 2.29bp; GC001 closed at 1.59, up 4.00bp; SHBOR 3M closed at 1.57, down 0.11bp; GC007 closed at 1.57, down 2.00bp; LPR 5 - year remained at 3.50 [4] - The 1 - year treasury bond closed at 1.32, down 0.65bp; the 5 - year treasury bond closed at 1.55, down 0.74bp; the 10 - year treasury bond closed at 1.82, down 1.12bp; the 10 - year US treasury bond closed at 3.97, down 5.00bp [4] - Last week (February 24 - 28), the central bank conducted 1641 billion yuan of reverse repurchase operations, with 2252.4 billion yuan of reverse repurchase maturing, resulting in a net withdrawal of 611.4 billion yuan. On February 25, 300 billion yuan of MLF and 150 billion yuan of treasury cash fixed - term deposits matured, and the central bank conducted 600 billion yuan of MLF operations [4] - This week (March 1 - 6), 1525 billion yuan of reverse repurchase will mature, with no reverse repurchase maturing on Monday and 526 billion, 409.5 billion, 320.5 billion, and 269 billion yuan maturing from Tuesday to Friday respectively. Additionally, 1 trillion yuan of 91 - day outright reverse repurchase will mature on March 6 [6] Stock Index Market - The closing prices and changes of major stock indexes: CSI 300 closed at 4711, down 0.34%; SSE 50 closed at 3039, up 0.14%; CSI 500 closed at 8658, up 1.18%; CSI 1000 closed at 8201, up 0.83% [7] - The closing prices and changes of stock index futures: IF current month closed at 4714, unchanged; IH current month closed at 3045, up 0.4%; IC current month closed at 8645, up 1.3%; IM current month closed at 8231, up 1.0% [7] - The trading volume and position changes of stock index futures: IF trading volume was 82057, down 4.4%; IF position was 274495, up 1.7%; IH trading volume was 42353, down 0.8%; IH position was 108121, up 2.6%; IC trading volume was 129654, up 12.9%; IC position was 299595, up 3.0%; IM trading volume was 155823, up 7.0%; IM position was 365334, up 2.2% [7] - Last week, CSI 300 rose 1.08% to 4710.6; SSE 50 rose 0.17% to 3039.4; CSI 500 rose 4.32% to 8658.5; CSI 1000 rose 4.34% to 8560.8. Among the Shenwan primary industry indexes, steel (12.3%), non - ferrous metals (9.8%), basic chemicals (7.1%), public utilities (5.7%), and building decoration (5%) led the gains, while media (-5.1%), commercial retail (-1.6%), food and beverage (-1.5%), non - bank finance (-1.2%), and banks (-0.9%) led the losses [7] Stock Index Futures Premium and Discount - IF premium/discount: -1.29% for the current month contract, 0.70% for the next month contract, 2.62% for the current quarter contract, and 3.70% for the next quarter contract [9] - IH premium/discount: -3.77% for the current month contract, -1.93% for the next month contract, -0.17% for the current quarter contract, and 2.06% for the next quarter contract [9] - IC premium/discount: 2.90% for the current month contract, 3.43% for the next month contract, 5.11% for the current quarter contract, and 5.92% for the next quarter contract [9] - IM premium/discount: 6.61% for the current month contract, 6.77% for the next month contract, 8.92% for the current quarter contract, and 9.15% for the next quarter contract [9]