2019年5月境外人民币市场综述

Overview of Offshore RMB Market in May 2019

2019年4月末,香港、台湾地区和韩国人民币存款余额合计8947.26亿元,环比增加0.2%。5月份,香港人民币隔夜拆息小幅波动,月末报收2.096%,比4月末下降41个基点;香港人民币即期汇率月末报收6.936,比4月末贬2.97%;境内外人民币即期汇率CNY与CNH当月平均汇差为224个基点,比上月扩大183个基点;境内外可交割人民币远期汇差为625个基点,较上月末扩大515个基点;境外人民币债券发行规模为297.33亿元,是上月发行规模的2.6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大幅上升。

At end-April 2019, the aggregate CNH deposits in Hong Kong, Taiwan and South Korea totaled 894.726 billion yuan, up 0.2% month-on-month. In May, the CNH Hibor O/N fluctuated slightly and closed at 2.096%, down 41 bps from end-April;the CNH HK spot rate closed at 6.936, down 2.97% from end-April;the monthly average spread between the CNY and CNH spot rates was 224 bps, up 183 bps from the previous month;the spread between the CNY and CNH deliverable forward rates stood at 625 bps, up 515 bps from end-April;the CNH bond issuance totaled 29.733 billion yuan, 2.6 times that of the previous month;the trading volume of CNH FX futures increased significantly in the HKEx, SGX and CME.