2009年第一季度人民币国债发行利率、二级市场收益率以及信用债发行利率、收益率普遍下降,同业拆借利率及回购利率继续下滑,掉期利率则震荡上行。受央行调降预期、非银行金融机构货币市场投资工具偏好增强、银行存款定期化趋势明显等因素影响,预计第二季度货币市场利率有可能继 In the first quarter of 2009, the issuance rate of RMB treasury bonds, the secondary market yield and the issuance rate of credit bonds generally declined. The inter-bank lending rates and repo rates continued to decline, while the swap rates fluctuated upward. By the Central Bank cut expectations, non-bank financial institutions currency market investment tools preferred, bank deposits regular trend is obvious and other factors, is expected in the second quarter the money market interest rates are likely to continue