The People's Bank of China reports on April 13 a generally steady financial market from Jan. to Mar. this year which features with sufficient liquidity on the monetary market, evident downward interest rate on the market, and smooth issuance and active transaction for inter-bank bonds.

906.93 billion yuan of bonds were issued in the first three months, a remarkable year-on-on jump of 67.3 percent.

The same period also witnessed more aggressive operation on the open market by the central bank. The currency withdrawal reached 361.14 billion yuan.

In March, the interest rate on the monetary market made a downward curve following an upward movement in February.

By People's Daily Online