市场流动性周报

Treasury Yield Changes - As of May 31, the yields for 1-month, 3-month, 6-month, 1-year, 3-year, 5-year, 10-year, and 30-year treasury bonds are 1.4916%, 1.5428%, 1.6099%, 1.6444%, 1.9360%, 2.0850%, 2.2926%, and 2.5552% respectively[1] - The yield changes compared to May 24 are +2.97BP, -1.78BP, +2.76BP, +0.69BP, -0.70BP, -1.10BP, -2.08BP, and +0.37BP respectively[1] Market Liquidity - From May 27 to May 31, the central bank conducted reverse repurchase operations totaling 6140 billion yuan, with 100 billion yuan maturing, resulting in a net injection of 6040 billion yuan[16] - The weighted average interbank lending rate changed by +0.82BP to 1.84% as of May 31[32] - The pledged repo weighted average rate changed by +4.93BP to 1.86%[32] Foreign Exchange Market - As of May 31, the USD/CNY central parity rate decreased by 14BP to 7.1088[18] - The USD/CNY spot exchange rate decreased by 7BP to 7.2440, which is 1352BP higher than the central parity rate[18] - The offshore USD/CNY spot exchange rate increased by 15BP to 7.2632, which is 192BP higher than the onshore spot rate[18]