BRIEFING

Open market operation

In August, the central bank held nine repo operations with the trading volume reaching 46 billion yuan, down 43 billion yuan from the previous month. It issued nine central bank papers in the form of price-bidding, of which the real issuance was 81 billion yuan, one billion yuan less month-on-month.

Bond issuing

In August, the Ministry of Finance issued 61.53 billion yuan worth of two book-entry treasury bond. The China Development Bank issued two financial bonds with a value of 20 billion yuan. The Import-Export Bank of China issued 12 billion yuan worth of one financial bond.

Bond listing

In August, listed on the national interbank bond market were eight central bank papers, one treasury bonds, two bonds issued by the China Development Bank, one bond by the Agricultural Development of China, one bond by the Bank of China, and one China Railway Construction bond, with a total value of 154.81 billion yuan.

Market members

By the end of August, members in the national interbank funding market and bond market totaled 996, among which 864 were connected to the interbank lending and bond trading system and 391 institutions signed agreement with the CFETS for outright repo business.The national interbank FX market had a total of 350 members. The members of www.chinacp.com.cn amounted to 1,002.