2018年11月境外人民币市场综述

Offshore RMB Market Developments in November 2018

2018年10月末,香港、台湾地区和韩国人民币存款余额合计9352.78亿元,较上月增加0.86%。11月份,香港人民币隔夜拆息波动中小幅上升,月末报收1.799%,比10月末上升18个基点;香港人民币即期汇率月末报收6.949,较10月末微升0.35%。境内外人民币即期汇率CNY和CNH本月平均汇差为78个基点,比上月扩大23个基点。境内外可交割人民币远期汇差为616个基点,较上月末缩小290个基点;境外人民币债券发行规模总计239.07亿元,是上月发行规模的4.6倍;香港交易所、新加坡交易所和芝加哥商业交易所的人民币外汇期货成交量均回升。

At end-October 2018,the aggregate CNH deposits in Hong Kong,Taiwan and South Korea stood at 935.278 billion yuan,up 0.86% from the previous month.In November,the CNH Hibor O/N rose slightly with fluctuations and closed at 1.799%,up 18 bps from end-October;the CNH spot rate closed at 6.949,up 0.35% from end-October. The monthly average spread between the CNY and CNH spot rates was 78 bps,up 23 bps from the previous month.The spread between the CNY and CNH deliverable forward rates stood at 616 bps,down 290 bps month-on-month;the CNH bond issuance amounted to 23.907 billion yuan,4.6 times that of the previous month;the trading volume of CNH FX futures in both the HKEx and CME rebounded.