BRIEFING

Open market operation

In October, the central bank held three repo operations. The trading volume was 15 billion yuan, 23 billion yuan less than that of September. It also issued six central bank papers in the form of price-bidding, of which the real issuance was 198 billion yuan, 62 billion yuan more than that of September.

Bond issuing

In October, the Ministry of Finance offered one issue of book-entry treasury bond worth of 33.61 billion yuan and also one issue of visible treasury certificate. The China Development Bank issued one financial bond with a value of 20 billion yuan. The Agricultural Development Bank of China issued one financial bond with a value of 10 billion yuan. The Bank of China issued 12 billion yuan worth of one subordinated bond.

Bond listing

Newly listed on the national interbank bond market in October were six central bank papers, with a total value of 198 billion yuan.

Market members

By the end of October, there were 1,011 members of the national interbank funding market and bond market, among which 890 were connected to the interbank lending and bond trading system. 423 institutions signed agreement with CFETS for outright repo business. The national interbank FX market had a total of 354 members. The members of www.chinacp.com.cn amounted to 1,061.