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Liquidity in the interbank market was...>

CHINA PRESS
CHINA PRESS: Liquidity in the interbank market was ample and the yield curve for
government bonds was steep in the first three quarters this year, but trading
volume fell in both markets, the Financial News, a journal run the People's Bank
of China, reported Tuesday. As of the end of September, trading volume in the
interbank market had fallen 5.4% compared to the first three quarters of last
year to CNY191.8 trillion, mainly because interbank lending plummeted 35.4%
year-on-year to CNY18.9 trillion. Government bond rates rose at a slow pace in
the first three quarters, and trading volume plunged 18.9% from the same period
last year, to CNY29.9 trillion, as the economy performed well and the government
enforced stringent financial regulation, the report noted. (Financial News)

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