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2008年1月货币市场总体表现平稳,流动性尚显宽裕。期间央行再次提高存款准备金率0.5个百分点,由于商业银行资金准备充分,缴款日前后并未对市场造成很大影响。下旬中煤IPO网上网下共冻结资金3.1万亿元,期间利率出现短暂跳涨后很快趋于平稳。出于春节季节性因素的考虑,1月份央行公开市场操作整体较为温和,南方突如其来的雪灾亦使央行的货币政策在年初略有松动。
In January 2008, the overall money market showed steady performance with a clear liquidity. During the central bank raised the deposit reserve ratio again 0.5 percentage points, due to the adequacy of funds for commercial banks, payment days did not have a significant impact on the market. In the second half of last month, the total amount of funds frozen in the IPO of China Coal reached RMB 3.1 trillion, and the interest rate quickly stabilized after a brief jumper. Due to the seasonal factors of the Spring Festival, the overall market operation of the central bank in January was relatively mild. The unexpected snowstorm in the south also caused the central bank’s monetary policy to be slightly loosened at the beginning of the year.