BRIEFING

 

 

Open market operation

In July, the central bank held six repo operations with the trading volume reaching 89 billion yuan. It issued seven central bank papers in the form of price-bidding, of which the real issuance was 82 billion yuan.

 

Bond issuing

The Ministry of Finance added issuance for two bonds in July, with an additional 60.7 billion yuan. It also offered an issue of book-entry treasury bonds. The China Development Bank offered one issue of financial bonds with a value of 20 billion yuan. The Agricultural Development Bank of China issued eight billion yuan worth of one financial bond.

 

Bond listing

Listed on the national interbank bond market in July were seven central bank papers, two treasury bonds, three bonds issued by the China Development Bank, and one bond issued by the Import & Export Bank of China, with a total value of 217.7 billion yuan.

 

Market members

By the end of July, there were 989 members of the national interbank funding market and bond market, among which 858 were connected to the network. 368 institutions signed agreement with CFETS for outright repo business. The national interbank FX market had a total of 351 members. The members of www.chinacp.com.cn amounted to 997.