(China Knowledge) - On Apr 18, the
settlement of cash bonds up 2.8% from
its previous trading day to RMB 228.63 billion
and the settlement of bond lending down 15.34% to RMB 4.48 billion, according to China Central
Depository & Clearing Co., Ltd.
The benchmark weighted-average overnight repo rate up 7.7 bps to 2.543%, 7-day repo rate up 12.4 bps to 3.262%. The overnight Shanghai Interbank Offered
Rate (SHIBOR) up 4.20 bps to 2.4860%, and the
7-day SHIBOR up 2.75 bps to 2.7175%.
The yield on 1Y Treasury bonds up 1.51 bps to 3.09% while that on 3Y up 5.98 bps to 3.14%. The yield on 5Y and 7Y treasury bonds up 0.99 bp and 3.20 bps to 3.26% and 3.41%, respectively. The yield on 10Y down 0.96 bp to 3.41%.
On the policy bank bonds front, the yield on 1Y policy bank bonds (CDB) up 2.32 bps to 3.69%. The yield on 5Y up 2.92 bps to 4.16%, and the yield curve (10Y) down 0.25 bp to 4.12%.
In addition, the yields on 1Y policy bank bonds (Exim Bank) up 2.15 bps to
3.68%, while the yields on 5Y and 10Y reached 4.15% and 4.29%, respectively.
The yield on 1Y corporate bonds (AAA-rated) reached 4.37%, while that on the 10Y debenture was 4.67%.
Bond code 160213, 170401 and 170405
were the top three actively traded bonds, with a trading volume of RMB 36.61 billion,
RMB 16.60 billion and RMB 13.11 billion, respectively.
The top three performers by debt type were policy financial bonds, CDs and Treasury Bond with trading volume
of RMB 166.14 billion, RMB 105.19 billion and RMB 43.08 billion, representing 41.57%, 26.32% and 10.78% of the total cash bond trading volume, respectively.
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