China News Service, November 22. According to the central bank’s website, the central bank released the "October 2021 Financial Market Operation" on the 22nd.
Data show that in October, the bond market issued a total of 4,762.68 billion yuan of various bonds.
Among them, the issuance of government bonds was 626.70 billion yuan, the issuance of local government bonds was 868.86 billion yuan, the issuance of financial bonds 1 was 602.39 billion yuan, the issuance of corporate credit bonds 2 was 984.27 billion yuan, the issuance of credit asset-backed securities was 43.70 billion yuan, and the issuance of interbank certificates of deposit was 160.03.26 billion yuan.
As of the end of October, the bond market custody balance was 129.3 trillion yuan.
Among them, the treasury bond custody balance is 21.6 trillion yuan, the local government bond custody balance is 29.2 trillion yuan, the financial bond custody balance is 30.7 trillion yuan, the corporate credit bond custody balance is 30.1 trillion yuan, and the credit asset-backed securities custody balance is 2.4 trillion yuan. , The balance of interbank deposit certificates custody is 13.2 trillion yuan.
In addition, in terms of money market operations, in October, the inter-bank money market transactions totaled 79.6 trillion yuan, a year-on-year increase of 21.4% and a month-on-month decrease of 20.1%.
Among them, pledged repo transactions were 71.8 trillion yuan, an increase of 24.4% year-on-year, and a decrease of 20.5% from the previous quarter; buyout repo transactions were 330.76 billion yuan, a year-on-year decrease of 11.3% and a month-on-month decrease of 13.1%; inter-bank lending transactions were 7.5 trillion yuan, A year-on-year decrease of 0.5% and a month-on-month decrease of 16.4%.
Exchange standard bond repurchase transactions amounted to 25.2 trillion yuan, a year-on-year increase of 16.6% and a month-on-month decrease of 20.7%.
In October, the monthly weighted average interest rate of inter-bank lending was 2.04%, a decrease of 12 basis points from the previous month; the monthly weighted average interest rate of inter-bank pledged repo was 2.04%, a decrease of 15 basis points from the previous month.
In terms of the operation of the bond market, in October, spot bond transactions in the inter-bank bond market were 14.4 trillion yuan, with an average daily turnover of 80.15 billion yuan, a year-on-year increase of 29.3% and a month-on-month decrease of 2.1%; single transactions were mainly distributed between 5-50 million yuan , The average single transaction volume was 48.130 million yuan.
The exchange bond market’s spot bond turnover was 2.1 trillion yuan, with an average daily turnover of 129.17 billion yuan, a year-on-year decrease of 3.2% and a month-on-month decrease of 11.4%.
At the end of October, the ChinaBond Interbank Bond Index was 211.4 points, a decrease of 0.1 point from the previous month.
As for the operation of the stock market, at the end of October, the Shanghai Composite Index closed at 3547.3 points, down 20.8 points from the end of the previous month, or 0.6%; the Shenzhen Component Index closed at 14451.4 points, up 142.4 points, or 1%, from the end of the previous month.
In October, the average daily trading volume on the Shanghai Stock Exchange was 457.17 billion yuan, a decrease of 29.3% from the previous month; the average daily trading volume of the Shenzhen Stock Exchange was 558.63 billion yuan, a decrease of 22.9% from the previous month.
Regarding the structure of the holders of the inter-bank bond market, at the end of October, according to the statistics of legal entities (manager dimension), there were 1,878 holders of non-financial corporate debt financing instruments3.
From the perspective of debt holdings, the top 50 investors hold 57% of debt, mainly in fund companies, joint-stock commercial banks, large state-owned commercial banks and securities companies; the top 200 investors hold 86% of debt.
The maximum, minimum, average and median number of holders of a single non-financial corporate debt financing instrument are 75, 1, 11, and 10, respectively, and the number of non-financial corporate debt financing instruments with less than 20 holders It accounts for 93%.
In October, from the perspective of transaction scale, according to the statistics of legal person institutions (manager dimension), the top 50 investor transactions of non-financial corporate debt financing instruments accounted for 68.8%, mainly in securities companies, joint-stock commercial banks, fund companies, and urban businesses. Banks; the top 200 investor transactions accounted for 92.8%.