摘要
2012年1季度，银行间市场整体平稳运行，主要特点是：货币市场成交量同比大幅增长，季节性因素主导货币市场利率走势呈M型特征；银行间债券市场以震荡调整为主，总体呈现先抑后扬态势；人民币汇率弹性趋于增强，升值趋势进一步减§弓；Shibor对利率互换的基准作用增强；外汇衍生品市场保持快速增长，市场结构持续优化。
In Q1 2012, the interbank market maintained stable performance on the whole. Its main characteristics were as follows： the trading volume of the money market greatly increased year-on-year, and seasonal factors dominated the interest rates in money market to take an M shape; the interbank bond market fluctuated and presented a V-shaped trend on the whole; the flexibility of RMB exchange rate increased and the appreciation trend further weakened; Shibor＇s role as the benchmark for interest rate swaps reinforced; and exchange-rate derivatives market maintained fast growth, and the market structure was further optimized.
出处
《中国货币市场》
2012年第4期67-75,共9页
China Money
