BRIEFING

Open market operation

In May, the People's Bank of China issued six central bank papers in a discount manner, with a real volume of 112.8 billion yuan. The central bank started three repo operations in May, with a total volume of 70 billion yuan in the manner of rate bidding.

Bond issuing

In May, the Ministry of Finance issued one book-entry bond with a value of 36.75 billion yuan. The China Development Bank issued a financial bond worth 20 billion yuan.

Bond listing

In May listed on the national interbank bond market were five central bank papers and one bond issued by the China Development Bank, with a total value of 77.8 billion yuan.

Market members

By the end of May, members in the national interbank funding market and bond market totaled 963, among which 837 were connected to the interbank lending and bond trading system.15 institutions have signed agreements with CFETS for outright repo (up to May 21). The national interbank forex market had a total of 349 members. The members of www.chinacp.com.cn amounted to 978.