9月的银行间资金市场继续保持着充裕的流动性,大机构利率联盟终难敌各自资金运用的压力而不攻自破,由此回购市场利率一路阴跌不止。国庆长假前,央行基础货币回笼力度略有减弱,公开市场中标利率则有所回升。一、公开市场:操作力度稳中有降,中标利率触底回升 9月份公开市场操作维持了三季度以来的温和格 In September, the inter-bank capital market continued to maintain ample liquidity. The pressure on the large institutional interest rate unions to endure the use of their respective funds failed to break through. As a result, the interest rate on the repurchase market yelled more than once. Before the National Day holiday, the withdrawal rate of the central bank’s basic currency slightly weakened, while the open market bid rate rebounded. First, the open market: steady decline in operating efficiency, successful bid rate bottoming out in September open market operations to maintain a mild grid since the third quarter