2009年8月银行间市场运行报告

Performance of China's interbank market in August 2009

2009年8月,银行间外汇、货币、债券、利率和汇率衍生品市场整体运行平稳。货币市场利率整体回落,主要期限品种利率大幅下降;银行间国债指数微弱上升,银行间国债收益率曲线陡峭化;美元中间价略有下降,成交价波幅微降;人民币外汇掉期交易量环比大幅上升,境内外差价继续缩小。

In August 2009, the interbank market observed smooth performance for foreign exchange, money, bond, interest-rate and exchange- rate derivatives. Money market interest rates shrank as a whole, while major product rates went down markedly. The interbank T-bond index rose slightly, and T-bond yield turned to a sharp curve. The central parity of RMB/USD declined slightly with a narrowed fluctuation range. Trading volume of RMB/FX swaps expanded significantly compared with the month-ago figure, and the price difference between domestic and offshore markets continued to shrink.