2018年4月境外人民币市场综述

Offshore RMB Market Developments in April 2018

2018年3月末，香港、台湾地区和韩国人民币存款余额合计8808．54亿元，保持稳定。4月份，香港人民币隔夜拆息延续波动，月末报收3．5％，比上月末下降24个基点；香港人民币即期汇率月末报收6．3137，较3月末跌0．85％；境内外人民币即期汇率CNY和CNH本月平均汇差为96个基点，与上个月基本持平；境内外可交割人民币远期汇差为33个基点，较上月末缩小160个基点；境外人民币债券发行规模总计78．42亿元，比上个月减少62．2％；香港交易所、新加坡交易所和芝加哥商品交易所的人民币外汇期货成交量均有下降。

At end-March 2018, the aggregate CNH deposits in Hong Kong, Taiwan and South Korea maintained stable and stood at 880.854 billion yuan. In April, the CNH Hibor O/N remained fluctuating and closed at 3.5%, down 24 bps from end- March; the CNH HK spot rate closed at 6.3137, down 0.85% month-on-month; the monthly average spread between the CNY and CNH spot rates was 96 bps, basically the same level with that in last month; the spread between the CNY and CNH deliverable forward rates stood at 33 bps, down 160 bps month-on-month; the CNH bond issuance amounted to 7.842 billion yuan, down 62.2% from last month; the trading volume of CNH FX futures in the HKEx, CME and SGX decreased.