(China Knowledge) - On Dec 07, the settlement of
cash bonds up 16.17% from its previous
trading day to RMB 422.95 billion
and the settlement of bond lending down 42.60% to RMB 10.39 billion, according to China Central Depository
& Clearing Co., Ltd.
The benchmark weighted-average overnight repo
rate down 0.5 bp to 2.225%, and the
7-day repo up 4.6 bps to 2.505%. The
overnight Shanghai Interbank Offered Rate (SHIBOR) down 0.70 bp to 2.2920%, and
the 7-day SHIBOR down 0.20 bp to 2.4910%.
The yield on 1Y Treasury bonds up 2.82 bps to 2.40% while that on 3Y up 0.68 bp to 2.67%. The yield on 7Y and 10Y
treasury bonds down 2.56 bps and 2.75 bps to 3.09% and 3.09%, respectively. The
yield on 5Y down 1.08 bps to 2.90%.
On the policy bank bonds front, the yield on 1Y policy bank bonds (CDB)
up 1.49 bps to 2.91%. The
yield on 5Y down 0.48 bp to 3.45%, and
the yield curve (10Y) down 2.62 bps to 3.45%.
In addition, the yields on 1Y policy bank bonds (Exim Bank) up 4.14 bps
to 3.10%, while the yields on 5Y and 10Y reached 3.49% and 3.65%, respectively.
The yield on 1Y corporate bonds (AAA-rated) reached 3.70%, while that on
the 10Y debenture was 3.99%.
Bond code 160210, 160206 and 160213 were the top three actively traded
bonds, with a trading volume of RMB 28.04 billion, RMB 20.19 billion and RMB
16.50 billion, respectively.
The top three performers by debt type were policy financial bonds, CDs
and treasuries with trading volume
of RMB 286.57 billion, RMB 164.90 billion and RMB 62.75 billion, representing 42.39%,
24.39%, and 9.28% of the total cash bond trading volume, respectively.
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