2018年5月银行间市场运行报告

China＇s Interbank Market Performance in May 2018

5月银行间市场的整体运行特点是：货币市场利率有所波动；债券收益率上下半月先扬后抑，总体维持震荡；互换利率呈现结构差异；人民币汇率指数今年首现月跌，交易汇率波动减弱；交易平台功能细化升级，市场交投较快增长。

In May, the performance characteristics of the interbank market were as follows： the money market interest rates fluctuated; the bond yields presented a reverse V-shaped movement throughout the month and remained volatile as a whole; the IRS rates showed structural differences; the RMB exchange rate indices registered a monthly decline for the first time in the year, and the volatility of the trading exchange rate fell; the functions of the trading platform were refined and upgraded, and the market trading registered a rapid growth.