Core Viewpoint - The People's Bank of China reported a significant increase in social financing and M2 growth in April, indicating a stable and moderately loose monetary policy environment, with expectations for continued steady growth in financial totals despite short-term uncertainties in effective credit demand [1][2][3]. Group 1: Social Financing and Monetary Supply - In April, the new social financing scale increased by 1.16 trillion yuan, with the total social financing stock reaching 424 trillion yuan, a year-on-year growth of 8.7%, which is 0.4 percentage points higher than the same period last year [2][3]. - The M2 money supply grew by 8% year-on-year, which is 1 percentage point higher than the end of the previous month and 0.8 percentage points higher than the same period last year [5][6]. Group 2: Government Debt and Credit Support - The acceleration of government bond issuance has been a major driver of social financing, with net financing from government bonds exceeding 500 billion yuan in the first four months of the year, significantly higher than the previous year [3][4]. - The issuance of corporate bonds has also increased, with the total corporate bond balance reaching 32.8 trillion yuan, a year-on-year increase of 3.2% [3][4]. Group 3: Loan Growth and Structure - In April, the increase in RMB loans was approximately 280 billion yuan, with the total RMB loan balance reaching 265.70 trillion yuan, a year-on-year growth of 7.2%, which remains significantly above nominal economic growth [3][4]. - The growth rate of inclusive small and micro loans and medium to long-term loans for the manufacturing sector was 11.9% and 8.5% respectively, both exceeding the overall loan growth rate [4]. Group 4: Interest Rates and Future Outlook - The average interest rate for newly issued corporate loans was 3.2%, down about 4 basis points from the previous month and 50 basis points from the same period last year [4]. - Market analysts expect that despite short-term uncertainties in effective credit demand, the implementation of a series of financial policies will positively impact the recovery of effective demand in the real economy, leading to stable growth in financial totals in the near future [4][6].

智通财经5月1日电，危地马拉央行维持贷款利率在4.50%不变。 ...

3月，人民币贷款增加3.64万亿元，同比多增5470亿元。分部门看，住户部门新增人民币贷款表现 不俗，以房贷为主的居民中长期贷款当月新增超5000亿元，处于2024年初以来较高水平，主要与重点城 市房地产市场迎来"小阳春"有关。同时，消费贷款增势向好，也对近期贷款增长有支撑作用。 数据显示，3月末，M2同比增长7%，与上月持平；M1同比增长1.6%，比上月末高1.5个百分点。3 月社融规模增量为5.89万亿元，处于历史同期高位水平。分析人士表示，社会融资规模的"大头"，通常 是贷款和政府债券。近期，财政部明确将发行首批5000亿元特别国债支持国有大型银行补充核心一级资 本，预计未来可撬动4万亿元信贷增量。 企业有效信贷需求回暖也是3月贷款的重要支撑因素。数据显示，3月制造业和服务业生产经营景气 程度都有提升。 贷款利率依旧保持在历史低位水平。3月企业新发放贷款（本外币）加权平均利率约3.30%，比上 年同期低约45个基点；个人住房新发放贷款（本外币）加权平均利率约3.10%，比上年同期低约60个基 点。 广州日报讯 （全媒体记者林晓丽）3月新增信贷社融水平超市场预期。4月13日，人民银行发布的 一季度金融数据 ...