中国央行：今日开展4545亿元7天逆回购操作，投标量4545亿元，中标量4545亿元，操作利率为 1.40%，与此前持平。 ...

中国央行逆回购操作当日实现净回笼3755亿元 金十数据6月3日讯，中国央行今日开展4545亿元7天期逆回购操作，因今日有8300亿元7天期逆回购到 期，当日实现净回笼3755亿元。看公开市场资金流向，到"数据库-中国央行数据"查看>> ...

央行公告，为维护银行体系流动性合理充裕，2025年6月3日，人民银行以固定利率、数量招标方式开展 了4545亿元逆回购操作，期限为7天，操作利率为1.40%，投标量和中标量均为4545亿元。(央行) ...

| MLF | | | --- | --- | | ■ 逆回购 票据 | 逆回购到期 | 中国央行逆回购操作当日实现净投放1486亿元 当周实现净投放6566亿元 金十数据5月30日讯，中国央行今日开展2911亿元7天期逆回购操作，因今日有1425亿元7天期逆回购到期，当日实现净投放1486 亿元。本周，中国央行共开展16026亿元7天期逆回购操作，因本周共有9460亿元7天期逆回购到期，本周实现净投放6566亿元。 看公开市场资金流向，到"数据库-中国央行数据"查看>> | MLF到期 . 0 2025/05/19 2025/06/20 2025/06/27 2025/05/23 2025/05/20 2025/06/22 2025/05/28 2025/05/29 2025/05/30 2025/06/27 专业 · 及时 · 精准 · 权威 > 金十数据 · 7x24跟踪全球市场突发消息 | 日期 | 类别(全部) | 量(亿) | 期限 | 利率 | | --- | --- | --- | --- | --- | | 2025-05-30 | 逆回购到期 | 1425 | 7天 | | | 2025- ...

Report Industry Investment Rating No relevant content provided. Core View of the Report - Last week, Treasury bond futures first rose and then fluctuated. The rise was mainly due to the policy benefits brought by the simultaneous reduction of LPR and deposit rates, which strengthened the market's expectation of a further decline in the interest rate center and boosted medium - and long - term interest - rate bonds. However, after the policy was implemented, along with the increasing game sentiment on the progress of Sino - US negotiations and future economic data, the risk preference recovered, increasing the upward pressure on long - bond yields, and the futures bond trends became more differentiated and volatile. The approaching supply of ultra - long - term special treasury bonds on the fiscal side also intensified market concerns about duration pressure. Overall, the subsequent trend still depends on the performance of economic data and the rhythm of fiscal policies [3] Summary by Directory 1. Interest Rate Pricing Tracking Indicators - **Price Indicators**: China's monthly CPI had a 0.10% month - on - month change and a - 0.10% year - on - year change; China's monthly PPI had a - 0.40% month - on - month change and a - 2.70% year - on - year change [9] - **Monthly Economic Indicators**: The social financing scale was 424.00 trillion yuan, with a month - on - month increase of 1.04 trillion yuan (+0.25%); M2 year - on - year was 8.00%, with a month - on - month increase of 1.00% (+14.29%); the manufacturing PMI was 49.00%, with a month - on - month decrease of 1.50% (-2.97%) [9] - **Daily Economic Indicators**: The US dollar index was 99.57, with a month - on - month increase of 0.60 (+0.61%); the offshore US dollar to RMB exchange rate was 7.1865, with a month - on - month increase of 0.017 (+0.23%); SHIBOR 7 - day was 1.60, with a month - on - month increase of 0.02 (+1.20%); DR007 was 1.62, with a month - on - month decrease of 0.04 (-2.17%); R007 was 1.76, with a month - on - month decrease of 0.21 (-10.82%); the 3 - month inter - bank certificate of deposit (AAA) was 1.69, with a month - on - month increase of 0.02 (+1.10%); the AA - AAA credit spread (1Y) was 0.10, with a month - on - month increase of 0.01 (+1.10%) [9] 2. Overview of Treasury Bonds and Treasury Bond Futures Market - **Market Data**: On May 27, 2025, the closing prices of TS, TF, T, and TL were 102.41 yuan, 106.03 yuan, 108.74 yuan, and 119.46 yuan respectively, with price changes of - 0.02%, - 0.03%, - 0.11%, and - 0.26% respectively. The average net basis of TS, TF, T, and TL was - 0.086 yuan, - 0.073 yuan, - 0.001 yuan, and 0.250 yuan respectively [2] 3. Overview of the Money Market Funding Situation - **Central Bank Operations**: On May 27, 2025, the central bank conducted a 448 - billion - yuan 7 - day reverse repurchase operation at a fixed interest rate of 1.5% [2] - **Money Market Rates**: The repurchase rates for 1D, 7D, 14D, and 1M were 1.452%, 1.598%, 1.667%, and 1.614% respectively, and the repurchase rates had recently declined [2] 4. Spread Overview - The report provides various spread data through multiple figures, including the inter - period spread trends of Treasury bond futures varieties, the term spread of spot bonds and the cross - variety spread of futures, etc. [36][41][42] 5. Two - Year Treasury Bond Futures - The report presents data on the implied interest rate of the TS main contract and the Treasury bond yield to maturity, the IRR of the TS main contract and the funding rate, and the basis and net basis trends of the TS main contract in the past three years through figures [44][46][57] 6. Five - Year Treasury Bond Futures - The report shows data on the implied interest rate of the TF main contract and the Treasury bond yield to maturity, the IRR of the TF main contract and the funding rate, and the basis and net basis trends of the TF main contract in the past three years through figures [53][56][59] 7. Ten - Year Treasury Bond Futures - The report provides data on the implied interest rate of the T main contract and the Treasury bond yield to maturity, the IRR of the T main contract and the funding rate, and the basis and net basis trends of the T main contract in the past three years through figures [64][67] 8. Thirty - Year Treasury Bond Futures - The report gives data on the implied interest rate of the TL main contract and the Treasury bond yield to maturity, the IRR of the TL main contract and the funding rate, and the basis and net basis trends of the TL main contract in the past three years through figures [71][76][78] Strategies - **Unilateral Strategy**: With the decline of repurchase rates and the fluctuating prices of Treasury bond futures, the 2509 contract is neutral [4] - **Arbitrage Strategy**: Pay attention to the widening of the basis [4] - **Hedging Strategy**: There is medium - term adjustment pressure, and short - sellers can use far - month contracts for appropriate hedging [4]

中国央行逆回购操作当日实现净投放2275亿元 金十数据5月26日讯，中国央行今日开展3820亿元7天期逆回购操作，因今日有1545亿元7期逆回购到期，当日实现净投放2275亿 元。看公开市场资金流向，到"数据库-中国央行数据"查看>> | MLF到期 0 203505 14 2025/05/19 2025/05/20 2025/05/23 2025/05/13 2025/05/15 2025/05/10 2025/05/27 2025/05/22 2025/05/26 | | | | 日期 | 类别(全部) | 量(亿) | 期限 | 利率 | | --- | --- | --- | --- | --- | | 2025-05-26 | 逆回购到期 | 1350 | 7天 | | | 2025-05-26 | 逆回购 | 3820 | 7天 | 1.4 | | 2025-05-23 | 逆回购到期 | 1065 | 7天 | | | 2025-05-23 | 逆回购 | 1425 | 7天 | 1.4 | | 2025-05-22 | 逆回购到期 | 645 | 7天 | | | 2025-05-22 | 逆 ...

据中国人民银行消息，2025年5月23日，中国人民银行通过固定利率、数量招标方式实施了1425亿元逆 回购操作，操作期限为7天，利率为1.4%。 ...

金十数据整理：每日全球外汇市场要闻速递（5月15日） 1. 韩国最高贸易特使将于周四下午与美国贸易代表格里尔举行双边会谈。 1. 消息人士：美国在关税谈判中不寻求美元贬值。 2. 欧洲央行要求区内银行评估压力情况下美元短缺风险，因担忧特朗普执政下无法依赖美联储。 3. 美国监管机构准备在未来几个月降低大型银行补充杠杆率。 4. 消息人士称，美国与日本和韩国的贸易关税协议接近达成，具体时间尚不清楚。与印度的协议也将达 成，但因与巴基斯坦的紧张关系而受到影响。 5. 美联储-①古尔斯比：4月份通胀数据的某些部分反映了数据的滞后性；目前是美联储等待更多信息、 努力摆脱数据噪音的时机。②戴利：目前的货币政策能够应对经济中的各种变化，耐心是当下的关键 词。③副主席杰斐逊：关税可能导致通胀上升，但尚不确定其影响是否持续。 6. 德意志银行：美联储可能要到12月才会降息，随后在2026年一季度降息两次，每次25个基点。 7. 特朗普：宁愿先还债，再搞主权财富基金。 2. 中国央行今日开展645亿元7天逆回购操作，利率为1.40%，与此前持平。 3. 韩国将于9月起将存款保险上限从目前的5000万韩元提高至1亿韩元。 2. ...

中国央行逆回购操作当日实现净回笼2250亿元 金十数据5月13日讯，中国央行今日开展1800亿元7天期逆回购操作，因今日有4050亿元7天期逆回购到期，当日实现净回笼2250 亿元。看公开市场资金流向，到"数据库-中国央行数据"查看>> 逆回购 票据 MLF 逆回购到期 | MLF到期 | 日期 | 类别(全部) | 量(亿) | 期限 | 利率 | | --- | --- | --- | --- | --- | | 2025-05-13 | 逆回购到期 | 4050 | 7天 | | | 2025-05-13 | 逆回购 | 1800 | 7天 | 1.4 | | 2025-05-12 | 逆回购 | 430 | 7天 | 1.4 | | 2025-05-09 | 逆回购 | 770 | 7天 | 1.4 | | 2025-05-08 | 逆回购 | 1586 | 7天 | 1.4 | | 2025-05-07 | 逆回购到期 | 5308 | 7天 | | | 2025-05-07 | 逆回购 | 1955 | 7天 | 1.5 | | 2025-05-06 | 逆回购到期 | 10870 | 7天 | ...

2、央行今日开展1586亿元7天期逆回购操作，操作利率为1.40%，此前为1.50%。 3、《科创板日报》记者获悉，鸿蒙电脑将于5月19日下午正式发布。 4、据报道，特朗普政府将于当地时间周四宣布与英国的贸易协议。 5、截至午间收盘，沪指涨0.38%，深证成指涨1.03%，创业板指涨1.74%。恒生指数涨1.1%，恒生科技 指数涨1.56%。 智通财经5月8日午间新闻精选 1、国家发改委副主任郑备在新闻发布会上表示，正在完善民企参与国家重大项目建设长效机制，今年 还将推出总投资规模约3万亿元优质项目。还有一批民营经济促进法配套制度正在加快推进实施。 ...