wot power leveling although since the beginning of last week - BLN

People's Bank of China on March 6 in the morning to a 28-day period to buy back rate tender operations, volume came to $ 30 billion for the current period, successful rate was flat at 2. 　　8%. Xinhua 08 according to the open market this week due amount to $ 63 billion, representing a sharp rise last week. "In fact, Central Bank's open market operationsReflect its prudent liquidity expected in the future, as well as accurate and flexible approach and avoid overshooting. In view March liquidity tends to loose, the Central Bank's open market operations is expected to be faced with a choice. "When a securities trader in an interview with journalist admits that" now, central banks will still be in the short term the main to return liquidity through repurchase operations. "The traders said, "Current 1 years period Central votes one or two level market rates almost parity, but as funds surface of loose, 1 years period Central votes income rate will appears down, will one or two level premium reproduction, if keep currently of issued rates, institutions of needs material will very strong world of tanks power leveling, this will improve Bank of return cost, and if reduced central votes issued rates, so and will to investors passed cuts expected, this alsoIs the Central Bank does not want to see. "That most brokerages are expected," stability "will be the main tone of open market operations at the present stage. While the price of money, March 5 continuation repo rate fell slightly, which, overnight, 7-day, 14-day repo rate will drop to 2. 457%, 3. 165% and 3. 597%, which showed capitalGold overall looser. But there are some fixed-income research fellow pointed out that expire and return in coming weeks the open market will force, and on the implementation of the Central Bank's open market also suggests that current regulatory goal is simply to maintain capital "neutral" or maintain funds smoothly wot power leveling, therefore, probability of repurchase rates down sharply again restricted wot power leveling, 7-day repurchase is difficult toLong time exceeded 3. 　　5% Central. Based on the above judgement, although since the beginning of last week, capital costs have dropped sharply, but uncertainty still ahead.