Group 1: Market Operations - The central bank conducted a 135 billion yuan 7-day reverse repurchase operation on March 24, with an interest rate of 1.50%, resulting in a net withdrawal of 346 billion yuan for the day [2] - The interbank market showed a stable and slightly warm funding environment, with the weighted average repo rate for deposit institutions slightly declining [3] - The latest overnight financing rate in the US is reported at 4.29% [4] Group 2: Interest Rates and Bonds - The one-year interbank certificates of deposit traded at approximately 1.93%, showing a slight decline from the previous day [6] - Major interest rate bonds in the interbank market saw a general decline in yields, with specific rates for various maturities listed [8] - The government bond futures all closed higher, with the 30-year main contract rising by 0.33% [14] Group 3: Fiscal Data - In the first two months of the year, the national general public budget revenue was 438.56 billion yuan, a year-on-year decrease of 1.6%, with tax revenue down by 3.9% [12] Group 4: Bond Market Developments - The Shanghai Stock Exchange announced that investors can declare the bonds they buy on the same day for repo pledge [18] - The China Securities Depository and Clearing Corporation is expanding the range of bonds eligible for credit protection in repos to support financing for small and medium-sized enterprises [18] - Recent negative events in the bond market include rating delays and downgrades for specific issuers [18][19]