(China Knowledge) - On Feb 23, the
settlement of cash bonds down 18.25% from
its previous trading day to RMB 167.10 billion
and the settlement of bond lending down 33.38% to RMB 4.87 billion, according to China Central Depository
& Clearing Co., Ltd.
The benchmark weighted-average overnight repo
rate up 0.3 bps to 2.607%, and the 7-day repo down 23.50 bps to 3.294%. The overnight Shanghai Interbank Offered
Rate (SHIBOR) up 4.26 bps to 2.5271%, and the 7-day SHIBOR up 1.00 bps to 2.7160%.
The yield on 1Y Treasury bonds down 1.08 bps to 2.70% while that on 3Y down 0.98 bp to 2.86%. The yield on 7Y
and 10Y treasury bonds down 0.45 bp and 1.25 bps to 3.18% and 3.27%, respectively. The yield on 5Y down
0.50 bp to 3.00%.
On the policy bank bonds front, the yield on 1Y policy bank bonds (CDB) down 4.36 bps to 3.29%. The yield on 5Y down
0.61 bp to 3.96%, and the yield curve (10Y) down 0.94 bp to 4.06%.
In addition, the yields on 1Y policy bank bonds (Exim Bank) down 1.65 bps
to 3.34%, while the yields on 5Y and 10Y reached
3.99% and 4.20%, respectively.
The yield on 1Y corporate bonds (AAA-rated) reached 3.95%, while that on the 10Y debenture was 4.51%.
Bond code 160213, 160210 and 090208 were
the top three actively traded bonds, with a trading volume of RMB 36.32 billion,
RMB 6.24 billion and RMB 5.74 billion,
The top three performers by debt type were CDs, policy financial bonds
and treasury bonds with trading volume
of RMB 167.56 billion, RMB 123.89 billion and RMB 21.34 billion, representing 43.52%, 32.18% and 5.54% of the
total cash bond trading volume, respectively.
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