每日债市速递 | 央行等7部门官宣金融支持新型工业化

Group 1: Open Market Operations - The central bank conducted a 7-day reverse repurchase operation on August 5, with a fixed rate and a total amount of 160.7 billion yuan, at an interest rate of 1.40% [1] - On the same day, 449.2 billion yuan of reverse repos matured, resulting in a net withdrawal of 288.5 billion yuan [1] Group 2: Funding Conditions - Following an unexpected net injection the previous day, the central bank returned to a net withdrawal, but the interbank market remains well-supplied [3] - The overnight repo weighted average rate (DR001) slightly decreased, hovering around 1.31% [3] - The latest overnight financing rate in the U.S. is 4.34% [3] Group 3: Interbank Certificates of Deposit - The latest transaction rate for one-year interbank certificates of deposit among major banks is at 1.63%, showing a slight increase from the previous day [6] Group 4: Government Bond Futures - The closing prices for government bond futures showed a slight increase: 30-year main contract up 0.06%, 10-year up 0.05%, 5-year up 0.04%, and 2-year down 0.01% [12] Group 5: Financial Support for New Industrialization - A joint guideline was issued by several government bodies, aiming for a mature financial system supporting high-end, intelligent, and green development in manufacturing by 2027 [13] - The guideline emphasizes the need for a variety of financial tools to meet the effective credit demand of manufacturing enterprises [13] Group 6: Real Estate Sector Support - The China Real Estate Association has initiated a recommendation for small and medium-sized real estate developers to receive financial services, establishing a financing connection mechanism [14] Group 7: Global Macro Insights - The Bank of Japan's meeting minutes indicate a consensus on continuing interest rate hikes if economic and price trends align with expectations [16] - Japanese Prime Minister emphasized the need for swift action to implement the U.S. trade agreement, highlighting a win-win scenario for both countries [16]