Central Bank Interest Rate Presents "Short Rise, Long Fall" Market Capital Pressure Or Slowing Down.

In order to ease the liquidity crisis in the money market, the central bank continued to invest money in the open market this week.

Yesterday, the central bank issued 110 billion yuan 3 year central bank votes and 5 billion yuan 3 month central bank votes in the open market.

The amount of funds expended in the open market is 144 billion yuan this week. As the central bank has issued a 15 billion yuan 1 year central bank vote on Tuesday, the open market has made a small net investment of 14 billion yuan this week, which is also a net investment in the open market for second weeks.

Last week, the open market invested 145 billion yuan in net capital.

The winning rate for the 3 year central bank issued yesterday was 2.68%, which was 2 basis points lower than the previous period. It continued the downward trend of the winning rate since the reopening in April 8th, and the winning rate of the central bank in March was 1.53%, up 4.04 basis points from the previous period, reaching three consecutive weeks.

A city trader told the Morning Post reporter that the change in interest rates on the central bank was expected.

This has led to the tightening of market funds after the closing of the Bank of China's convertible bonds.