

SHANGHAI, Feb 4 (Reuters) - China's money rates rose
slightly on Monday as dealers prepared for the upcoming Spring
Festival holiday, traders said.
Chinese banks are accumulating cash for a seasonal surge in
withdrawals for the week-long Spring Festival holiday which
starts this weekend.
The benchmark weighted-average seven-day bond repurchase
rate rose nearly 10 basis points to 3.43 percent
from 3.33 percent at the close on Friday.
The 14-day repo rate rose to 3.8808 percent
from 3.6585 percent, and the one-day repo rate
rose to 2.86 percent from 2.69 percent.
In the bond market, interest rate swaps (IRS) rose slightly
on Monday.
One-year IRS was at 3.15 percent, up from
Friday's close of 3.14 percent, while the benchmark five-year
IRS rose to 3.75 percent from 3.73 percent.
Current Prev close Change
(pct) (bps)
7-day repo 3.4270 3.3321 +9.49
7-day SHIBOR 3.4000 3.3400 +6.00
Note: Repo rate is weighted average.
To see stories on China's debt issue
For prices for central bank bills, treasury bonds and
sovereign bonds, please click,
To see a general guide to contributed price data,
news and analysis, please click
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
(Reporting by Lu Jianxin and Pete Sweeney; Editing by
Jacqueline Wong)
Keywords: MARKETS CHINA BONDS/
(pete.sweeney@thomsonreuters.com)(+86 21 6104 1777 / +86 158 0188 9934)(Reuters Messaging: pete.sweeney.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2013. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.














