论文部分内容阅读
短期市场资金面较宽松,当前场内存在获利了结需求,且9月汇丰PMI初值小幅回升,预计短期债市震荡调整的可能较大。分析认为,当前资金面较宽松,央行公开市场操作量小增对市场影响不大。预计短期央行公开市场操作将趋于平稳,根据资金面状况以微调为主。市场人士表示,央行保持资金面运行平稳,并引导融资成本下行意图已较明显,而实际流动性宽松局面也为资金利率走低提供支撑;机构对短期新股扰动、顺利度过季末和节假日信心较足,资金拆借操作也更回归理性。
Short-term market funds face more relaxed, the current field there is a profit demand, and September HSBC PMI initial recovery slightly, the short-term bond market is expected to adjust the shock may be larger. Analysis, the current face of more lenient funds, the central bank open market operations increase little impact on the market. Short-term central bank is expected to open market operations will stabilize, according to the surface of funds to fine-tuning based. Market participants said that the central bank to maintain a smooth operation of the capital side, and guide the downward trend financing costs have been more obvious, and the actual liquidity easing also provide support for the lower interest rates; institutional disturbance to short-term new shares, passed the end of the season and holiday confidence Foot, money lending operation is also more return to rationality.