2019年2月银行间本币市场运行评述

Review of Interbank RMB Market Performance in February 2019

2019年2月,受节假日影响,银行间本币市场成交量有所下降,当月交易总量为75.2万亿元,环比减少29.16%;日均成交4.42万亿元,环比减少8.28%。银行间货币市场资金面总体宽松,利率有所上行;债市承压,收益率整体上行;信用利差中短端收窄,长端小幅走阔;互换利率呈上行趋势。

In February 2019, affected by the Festival, the trading volume of the interbank RMB market decreased and traded 75.2 trillion yuan, down 29.16% month-on-month. The average daily trading worth stood at 4.42 trillion yuan, down 8.28% month-on-month. The liquidity in the interbank money market was generally accommodative, and the interest rates went up slightly;the bond market was under pressure, and the bond yields shifted upward on the whole;the credit spreads in the short-to-medium end narrowed down, while those in the long end widened slightly;the IRS rates presented an upward trend.