每日债市速递 | 中美经贸磋商继续进行

Group 1: Open Market Operations - The central bank conducted a 7-day reverse repurchase operation on June 10, with a fixed rate and a total amount of 198.6 billion yuan, at an interest rate of 1.40%. The total bid amount matched the amount awarded [2] - On the same day, 454.5 billion yuan of reverse repos matured, resulting in a net withdrawal of 255.9 billion yuan [2] Group 2: Funding Conditions - The interbank market remains loose, with the overnight pledged repo rate declining by over 1 basis point to around 1.36%, while the 7-day pledged repo rate fell by less than 1 basis point [4] - The latest overnight financing rate in the U.S. is reported at 4.29% [6] Group 3: Interbank Certificates of Deposit - The latest transaction for one-year interbank certificates of deposit among major banks is around 1.67%, showing a decrease compared to the previous day [8] Group 4: Bond Yield Rates - The yields on major interbank bonds show the following changes: - 1Y government bond yield at 1.4075%, down 0.25 basis points - 2Y government bond yield at 1.4275%, up 0.25 basis points - 3Y government bond yield at 1.4500%, up 0.50 basis points - 5Y government bond yield at 1.5050%, up 0.74 basis points - 10Y government bond yield at 1.6560%, unchanged [11] Group 5: Recent City Investment Bonds - The Ministry of Education announced the use of central budget investments and long-term special bonds to support the continuous improvement of educational conditions [19] - New City Development plans to issue USD bonds with an amount between 250 million to 300 million USD [19] - Yunnan plans to issue refinancing special bonds amounting to 52.7 billion yuan to replace existing hidden debts [19]