The central bank reverse repo 290 billion record still obscure funds face hungerSeptember 25 news, today, the central bank conducted a total of 290 billion yuan reverse repo, the largest single-day history. Among them, the 14 days of trading volume of 100 billion yuan, 28-day trading volume of 190 billion yuan, the two maturities bid rates were 3.45% and 3.60%. Analysts pointed out that the central bank is attempting to iron out the quarter liquidity, but the financial side is still tight. Hong Yuan Securities (17.57,0.18,1.04%) senior bond analyst He Yifeng said the central bank did not change operational thinking, in order to iron out the quarter liquidity, reverse repo open supply. He pointed out that the reason why there is such a large amount, mainly institutional demand is strong. 'This demand is mainly three parts, one holiday demand for cash withdrawals, the second is traveling abroad to purchase foreign exchange needs, the three quarter-end punch demand deposits.' But the reverse repurchase operations funds face this week did not change the trend tight condition. Today, the market interest rates continue to soar across the board. As of 11:00 today, the overnight repo rate rose 10 basis points to 4.3892 percent; seven-day repurchase rate rose 3 basis points to 4.4800%, 14 days varieties is up 40 basis points to 4.6900 percent. He Yifeng shows an overall view of the current financial side or in tight balance, the basic supply-demand, no surplus funds. 'Now the reverse repurchase way though not let market funds face problems, but a tight balance is difficult to change. And at this time in previous years, the central bank is not to regulate market liquidity through reverse repurchase, especially when funds face tight time will pass drop quasi ways to ease this way will make the market a little surplus. 'The central bank from August 16 consecutive weeks with 7 days and 14-day reverse repurchase operations combined, September 13 Pause for 14-day reverse repurchase, start enabled 28-day reverse repurchase. Today's operation is 14 days and 28 days of reverse repurchase combined. China Merchants Bank (9.87,0.01,0.10%) financial markets analyst Liu Junyu noted 7-day reverse repo Festival October 8 need capital to return, there is no need for 7-day reverse repo. 'Extension of the period of open market operations, and that the central bank reverse repo expect more dependent on the regulation on liquidity rather than lowering standards, mainly to keep the camera color choice of monetary policy, also based on foreign exchange flows of unpredictability.' He Yifeng said. Recently, the United States will have to implement the QE3 policy the central bank open market operations and what impact? Liu Junyu said the US policy in the short term this has little effect on central bank operations, but in the long term, as commodity prices rise, the central bank's policy efforts will more cautious.何一峰 said the United States will Air Jordan 4 change the depreciation of the yuan Air Jordan 3 is expected QE3 ease the outflow of hot money situation, and even bring hot money inflows. . 'Uncertainty QE3 deadline has compounded the uncertainty of international capital flows, the central bank's open market operations will make the possibility of 'trial and error' stronger 'quasi expected to fall, He Yifeng said:' As long as months without a substantial inflow of foreign exchange situation arise future, the need 2015 Latest Nike Shoes for accurate drop will not fall. But in the context of sustained reverse repo operations, reducing time point prediction becomes meaningless. '(Sina Finance Yue Fen from Shanghai)The central bank reverse repo 290 billion record still obscure funds face hungerSeptember 25 news, today, the central bank conducted a total of 290 billion yuan reverse repo, the largest single-day history. Among them, the 14 days of trading volume of 100 billion yuan, 28-day trading volume of 190 billion yuan, the two maturities bid rates were 3.45% and 3.60%. Analysts pointed out that the central bank is attempting to iron out the quarter liquidity, but the financial side is still tight. Hong Yuan Securities (17.57,0.18,1.04%) senior bond analyst He Yifeng said the central bank did not change operational thinking, in order to iron out the quarter liquidity, reverse repo open supply. He pointed out that the reason why there is such a large amount, mainly institutional demand is strong. 'This demand is mainly three parts, one holiday demand for cash withdrawals, the second is traveling abroad to purchase foreign exchange needs, the three quarter-end punch demand deposits.' But the reverse repurchase operations funds face this week did not change the trend tight condition. Today, the market interest rates continue to soar across the board. As of 11:00 today, the overnight repo rate rose 10 basis points to 4.3892 percent; seven-day repurchase rate rose 3 basis points to 4.4800%, 14 days varieties is up 40 basis points to 4.6900 percent. He Yifeng shows Nike Blazer Mens an overall view of the current financial side or in tight balance, the basic supply-demand, no surplus funds. 'Now the reverse repurchase way though not let market funds face problems, but a tight balance is difficult to change. And at this time in previous years, the central bank is not to regulate market liquidity through reverse repurchase, especially when funds face tight time will pass drop quasi ways to ease this way will make the market a little surplus. 'The central bank from August 16 consecutive weeks with 7 days and 14-day reverse repurchase operations combined, September 13 Pause for 14-day reverse repurchase, start enabled 28-day reverse repurchase. Today's operation is 14 days and 28 days of reverse repurchase combined. China Merchants Bank (9.87,0.01,0.10%) financial markets analyst Liu Junyu noted 7-day reverse repo Festival October 8 need capital to return, there is no need for 7-day reverse repo. 'Extension of the period of open market operations, and that the central Nike Air Max 91 bank reverse repo expect more dependent on the regulation on liquidity rather than lowering standards, mainly to keep the camera color choice of monetary policy, also based on foreign exchange flows of unpredictability.' He Yifeng said. Recently, the United States will have to implement the QE3 policy the central bank open market operations and what impact? Liu Junyu said the US policy in the short term this has little effect on central bank operations, but in the long term, as commodity prices rise, the central bank's policy efforts will more cautious.何一峰 said the United States will change the depreciation of the 2015 Latest Nike Shoes yuan is expected QE3 ease the outflow of hot money situation, and even bring hot money inflows. . 'Uncertainty QE3 deadline has compounded the uncertainty of international capital flows, the central bank's open market operations will make the possibility of 'trial and error' stronger 'quasi expected to fall, He Yifeng said:' As long as months without a substantial inflow of foreign exchange situation arise future, the need for accurate drop will not fall. But in the context of sustained reverse repo operations, reducing time point prediction becomes meaningless. '(Sina Finance Yue Fen from Shanghai)The central bank reverse repo 290 billion record still obscure funds face hungerSeptember 25 news, today, the central bank conducted a total of 290 billion yuan reverse repo, the largest single-day history. Among them, the 14 days of trading volume of 100 billion yuan, 28-day trading volume of 190 billion yuan, the two maturities bid rates were 3.45% and 3.60%. Analysts pointed out that the central bank is attempting to iron out the quarter liquidity, but the financial side is still tight. Hong Yuan Securities (17.57,0.18,1.04%) senior bond analyst He Yifeng said the central bank did not change operational thinking, in order to iron out the quarter liquidity, reverse repo open supply. He pointed out that the reason why there is such a large amount, mainly institutional demand is strong. 'This demand is mainly three parts, one holiday demand for cash withdrawals, the second is traveling abroad to purchase foreign exchange needs, the three quarter-end punch demand deposits.' But the reverse repurchase operations funds face this week did not change the trend tight condition. Today, the market interest rates continue to soar across the board. As of 11:00 today, the overnight repo rate rose 10 basis points to 4.3892 percent; seven-day repurchase rate rose 3 basis points to 4.4800%, 14 days varieties is up 40 basis points to 4.6900 percent. He Yifeng shows an overall view of the current financial side or in tight balance, the basic supply-demand, no surplus funds. 'Now the reverse repurchase way though not let market funds face problems, but a tight balance is difficult to change. And at this time in previous years, the central bank is not to regulate market liquidity through reverse repurchase, especially when funds face tight time will pass drop quasi ways to ease this way will make the market a little surplus. 'The central bank from August 16 consecutive weeks with 7 days and 14-day reverse repurchase operations combined, September 13 Pause for 14-day reverse repurchase, start enabled 28-day reverse repurchase. Today's operation is 14 days and 28 days of reverse repurchase combined. China Merchants Bank (9.87,0.01,0.10%) financial markets analyst Liu Junyu noted 7-day reverse repo Festival October 8 need capital to return, there is no need for 7-day reverse repo. 'Extension of the period of open market operations, and that the central bank reverse repo expect more dependent on the regulation on liquidity rather than lowering standards, mainly to keep the camera color choice of monetary policy, also based on foreign exchange flows of unpredictability.' He Yifeng said. Recently, the Air Jordan CP3 United States will have to implement the QE3 policy the central bank open market operations and what impact? Liu Junyu said the US policy in the short term this has little effect Nike Air Max 95 DYN FW on central bank operations, but in the long term, as commodity prices rise, the central bank's policy efforts will more cautious.何一峰 said the United States will change the depreciation of the yuan is expected QE3 ease the outflow of hot money situation, and even bring hot money inflows. . 'Uncertainty QE3 deadline has compounded the uncertainty of international capital flows, the central bank's open market operations will make the possibility of 'trial and error' stronger 'quasi expected to fall, He Yifeng said:' As long as months without a substantial inflow of foreign exchange situation arise future, the need for accurate drop will not fall. But in the context of 2015 Latest Nike Shoes sustained reverse repo operations, reducing time point prediction becomes meaningless. '(Sina Finance Yue Fen from Shanghai)