Bond moderate deleveraging to accelerate the central bank to consult the amount of 28 days reverse r

The bond market moderate leverage to accelerate the central bank to inquire about the amount of 28 days of reverse repurchase Sina fund exposure platform: letter Phi lag behind false propaganda, the performance of long-term lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! Reporter Huang Bin reported in Beijing in September 12th, twenty-first Century Economic Herald reporter was informed that the people’s Bank of Chinese in 70 billion yuan of 7 day repurchase operation, 15 billion yuan of 14 day repurchase operations at the same time, also the reverse repurchase amount for 28 days. The last 20 days of the central bank repo operation occurred in February 5, 2016. For the amount of the central bank, the market reaction. 28 day reverse repurchase should be to deal with the National Day holiday, do not need to over interpret." China Merchants Bank financial markets senior analyst Wan Zhao on twenty-first Century Economic Herald reporter said that the bank does not have clear intention to leverage, just to "control the leverage ratio will not rise too fast", "the 28 day reverse repurchase price should remain unchanged, the amount will not be too big." But more people believe that the central bank has the purpose of deleveraging. Kyushu Securities chief economist Deng Haiqing believes that the 28 day repo market to return to the inverse direct reason is the Mid Autumn Festival and national day two close, the central bank has focused on the release of long-term liquidity, reduce the operating frequency of the intention, but to "cross section" is not the only purpose of "combination of a stretched to 14 day reverse repurchase term the central bank intends to guide the organization, elongated debt capital market to reduce the end of period, the degree of maturity mismatch." If the last week of September the central bank continued to reverse repurchase 28 days, indicating that the central bank does have other intentions." Deng Haiqing said. Regulatory moderate deleveraging in August 25th this year, the central bank after a lapse of six months to restart the 14 day repo. When Zhou, the central bank held a meeting of commercial banks, requiring banks to help control the risk of maturity mismatches, and said that if the 14 day reverse repurchase operation effect is not obvious, the future may restart the 28 day repurchase operations. CITIC Securities chief bond analyst clearly said this analysis, from 8 at the end of the resumption of the 14 day reverse repurchase, reverse repurchase return to the beginning of September the central bank in 6 months and 1 year of the MLF launch for 3 months MLF, 7 days and 14 days, the capital maintenance of stability, monetary policy "long short" obviously, the next "deleveraging" will be the main direction is still. The central bank to extend the duration of the funds, raising the cost of capital, the natural force will be forced to leverage." Beijing a fund trader for the twenty-first Century economic report reporter said that in the past few months in the bond market, in mid August has started to adjust, the next period of time should continue because "deleveraging" adjustment, but the process should be relatively mild." Not only the central bank, China Banking Regulatory Commission, China Insurance Regulatory Commission and the Commission also moves frequently on the lever. Whether it is still to seek the views of the financial regulations, the CIRC or strengthen the insurance information management products business regulation, or on Friday (September 9th) in the card board of pledged repo financing and the low level of credit debt in the upper limit of the ratio of the new regulations, in the implementation of the State Council "deleveraging and risk prevention" requirements. "This round of regulatory measures相关的主题文章: