2018年10月银行间本币市场运行评述

Review of Interbank RMB Market Performance in October 2018

2018年10月,银行间本币市场成交较为活跃,当月交易总量为84万亿元,环比减少7.72%;日均成交4.66万亿元,环比增加2.54%.银行间货币市场资金面宽松,跨月时点市场利率有所上行;利率债收益率整体下行;信用利差收窄;现券市场日均交易量回升;互换利率月内下行,月末有所回升.

In October 2018, the interbank RMB market trading maintained relatively active and traded 84 trillion yuan, down 7.72% month-on-month, with an average daily trading worth of 4.66 trillion yuan, up 2.54% month-on-month. The liquidity in the interbank money market was accommodative, with the market interest rates edging up slightly approaching the end of the month. The bond yields dropped; the credit spreads narrowed down; the average daily trading volume of the cash bond market picked up. The IRS rates declined throughout the month, and rallied a little at the end of the month.