2007年7月金融形势评述

Review of financial performance in July 2007

7月份,货币信贷增长的主要特点是:广义货币M2同比增长18.5%,狭义货币M1增速继续较快;各项贷款增速继续较高,个人中长期消费贷款继续多增较多;企业资金正常,股市分流储蓄存款作用重又加强;当月银行间市场人民币交易成交活跃.市场利率保持平稳,国债收益率曲线短端有所上升;人民币汇率灵活性进一步增强。

In July 2007 the r seof money cred t shows the fo owing features Broad money （M2） grew 18.5% year,on,year and narrow money （M1） kept rising rapdly Loans continued to increase quickly, and medium and ong-terrn Oans for personal consumption kept rising tons derably Corporate funds Were normal and the stock market resumed its attract on for Savings deposits.The ihterbank market：wltnessed brisk RMB transactions amid stab e market interest rates： The short,end of T-bond yield curves shiffed upward slightly.The flexibility of RMB exchange rate was further strengthened.