10 billion RMB ultra short rate 3.92%

Source: Internet
Author: User
Keywords Ministry of Railways Rong Li
Tags demand financial financing high market market demand multiple network
"Financial network," reporter Kong January 27, the Ministry of Railways issued a 10 billion-yuan 180-day Ultra short-term financing voucher (hereinafter referred to as Super short) in the interbank bidding, and the traders involved in the bidding disclosed that the current period was 3.92%, and the market demand was not high because of the tight influence of the funds in the inter-bank market. The trader further disclosed that the current interest rate of 3.92% in the 3.45-3.95% interest rate range near the upper limit, and the subscription multiple of only 1.1 times times, indicating that the market demand is not high.  Short-term interest rate products are particularly affected by the tight financial face. January 27, the money market index rate-7-day pledge-type repurchase weighted average interest rate of 8.323%, set a new 39-month high.  Affected by this effect, the coupon yield curve flat upward. This issue of short-term financing coupons using a single rate (Dutch) bid to determine the nominal interest rate, the payment/start date for January 28, the listing date is January 30.  The main underwriter is Bank of China (601988.sh/03988.hk) and merchant Bank (600036.SH/03968.HK).  It is reported that the Ministry of Railways for China's first batch of the issuance of ultra short-term financing coupons, one of the three, the registered limit of 80 billion yuan. (Stock market Weekly feeds)
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