The Central Bank Issued A 2 Billion And 1 - Year Central Bank &Nbsp For 28 Days; Interest Rates Affected The Interest Rate Hike.

The central bank will issue 1 - year central bank votes in the open market today, issuing interest rates affect the market's interest rate nerves.

The central bank announced on the 27 day that in order to maintain stable growth of basic currencies and basically stable interest rate in money market, the 1 year central bank votes for the forty-fifth period of 2 billion yuan will be issued today in 2011.

According to statistics, the funds expended in the open market were 142 billion this week, up 39 billion yuan from the previous week.

In June 16th, the 3 month central bank rate rose by 8.17 basis points, and last week's 1 year central bank votes.

The market is divided over the suspension of the 3 month central bank.

Some people believe that the move further releases the interest rate signals, while some analysts believe that the main purpose is to ease bank liquidity, which is not necessarily related to raising interest rates.

However, from mid January to early February, the central bank also suspended the market.

There is no comparison between the two time points for issuing the central bank ticket.

Accordingly, it is considered that the central bank's suspension is a bit of a farthing.

A trader in a state-owned commercial bank explained.

He pointed out that the high level judgment is that after the 12 increase in the deposit reserve ratio and the 4 increase in interest rates since last year, the supply of money and credit has returned to its normal level.

That being the case, follow up

Now, both the government and research institutions believe that CPI will reach the top in June.

For example, the NDRC estimates that the overall price level in June will be higher than that of May in the same period of May. However, as the policies and measures of stabilizing the prices of the country gradually play a role, the consumer price will rise higher than the same period last year, and the total price level of the whole year will run in a controllable range.

And policymakers are also optimistic about controlling price rises this year.

"The optimism of the parties on the inflation situation should be due to positive changes in the monetary base and inflation in demand."

The traders said that in such a situation, the deposit reserve ratio would be used with great caution.

However, based on the current negative interest rate of 2.25 percentage points, it is reasonable for the central bank to increase interest rates in July.

Peking University professor Li Yining said recently that deposits

Due to factors such as the reserve fund, Shibor interest rates continued to rise last week, and a number of interest rates rushed to the highest level in the year. The 7 and 14 day interest rates were all broken 9%.

But last week, the central bank issued a 1 billion yuan central bank ticket in addition to the open market. It also suspended the open market operation on Thursday, and conducted two counter repurchases on Monday and Wednesday respectively.

"If the issuance rate of the 1 year central bank votes rises today, the interest rate increase will be increased; if the rate is flat, the rate hike is expected to decrease."

The above traders said, but raising interest rates will inevitably increase the financial pressure of small and medium-sized enterprises.

Raising interest rates depends on how the central bank can balance inflation and economic growth.

Data show that the central bank has made a net investment in the open market for six consecutive weeks, with a total capital of 494 billion yuan.