The central bank: The average daily turnover of interbank lending in April was 461.48 billion yuan, an increase of 46% year-on-year.

In May 22nd, according to the data released by the central bank, the average daily turnover of interbank lending in April 2026 was 461.48 billion yuan, an increase of 46.0% year-on-year; the average daily turnover of bond repurchase transactions in the interbank market was 8.4 trillion yuan, an increase of 36.2% year-on-year. By the end of April 2026, the outstanding balance of interbank lending was 1.1 trillion yuan, and the outstanding balance of bond repurchase in the interbank market was 10.5 trillion yuan. In April 2026, the weighted average monthly interest rate of overnight pledged repo transactions (DR001) between deposit-taking financial institutions in the banking industry was 1.23%, a decrease of 8 basis points month-on-month; the weighted average monthly interest rate of DR007 was 1.35%, a decrease of 9 basis points month-on-month; the weighted average monthly interest rate of overnight pledged repo transactions (R001) in the interbank market was 1.30%, a decrease of 9 basis points month-on-month. In April 2026, the average daily spread between DR001 and the 7-day reverse repo operation rate of the central bank was -17 basis points, and the average daily spread between R001 and DR001 was 7 basis points. By the end of April 2026, the Shanghai Composite Index closed at 4112.2 points, up 5.7% month-on-month; the Shenzhen Component Index closed at 15107.6 points, up 12.1% month-on-month. In April 2026, the average daily trading volume of both markets was 23.479 trillion yuan, an increase of 1.3% month-on-month. At the end of April 2026, the Shanghai Gold Exchange Au (T+D) contract closed at 1014.0 yuan per gram, a decrease of 0.2% month-on-month. In April 2026, the gold trading volume on the Shanghai Gold Exchange was 5633.7 tons, a decrease of 17.0% year-on-year; the gold trading volume on the Shanghai Futures Exchange was 13,000 tons, a decrease of 64.3% year-on-year. The full text describes the operation of the financial market in April 2026.