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Markets · Bond
China Bond Daily News 09:50 BJT
CKN
2020/03/16 04:14:53
4,393

Mar 16, 2020 (China Knowledge) - Today 277 new bonds to be listed for trading, 22 new bonds put up for tender.

The overnight Shibor fell by 18.30 bp to 1.2310%,7-day was down by 5.30 bp to 2.1990%.

The offshore RMB/USD closed at 7.0215, up 59 points from its previous close. The offshore RMB/USD has fallen 915 points last week.

As safe-haven money poured in, bond yields fell sharply, closing at 2.52% on March 9, the lowest since 2003.

China’s central bank announced that the total liquidity of the banking system is at a reasonable and abundant level, and no reverse repurchase operation will be conducted today. So far, the People’s Bank of China has not carried out the reverse repurchase operation for 20 consecutive working days.

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