The reserve ratio of directional deposit was raised by about 190 billion yuan
Source: Internet
Author: User
KeywordsIncrease 900 deposit reserve ratio up to 900 deposit reserve ratio
"Financial network," the reporter Hu Yu eu Kong October 11 afternoon, the central Bank of China raised 6 banks reserve ratio 0.5%. A number of traders said that the increase in the withdrawal of funds of about 190 billion yuan, the industry believes that the 6 banks have less impact on earnings this year. These 6 banks are ICBC (601398.SH/1398.HK), Agricultural Bank (601288.SH), Bank of China (601988.SH/3988.HK), Construction Bank (601939.SH/0939.HK) and Merchants Bank (600036). SH/3968.HK), Minsheng Bank (600016.SH/1988.HK). Bank of America Merrill Lynch, China economist Lu October 11 in an e-mail interview, said that the six banks accounted for about half of the deposit balance, after the increase, the six banks reserve ratio will be 17.5%. In response to a reporter's email, he said the central bank absorbed about 190 billion yuan. Industry insiders believe that the central bank's new lending target this year is still stuck in 7.5 trillion, loans to the faster banks or differentiated to raise the reserve ratio of 0.5%, but the deadline is only 2 months, so the impact of this year's earnings less. Traders in two large brokerages said four lines were notified by the central bank on the morning of 11th, and that the market had been informed at noon, and that the amount of money to be withdrawn would be slightly below 200 billion yuan, at around 190 billion yuan. On whether market borrowing and repo rates will rise, traders say the four-line funds are loose and lending is under control, thus having less impact on the capital side. Two of Beijing's regional interbank traders told reporters that the current inflation expectations are stronger, causing the central bank to raise the deposit reserve structure. In addition, it may be the hedge last September issued 1-year directional central vote due funds. (Stock market Weekly feeds)
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