Today, the People's Bank of China released its April financial statistics report. The report shows: 1. Broad currency grew by 8%. At the end of April, the balance of broad currency (M2) was 325.17 trillion yuan, an increase of 8% year-on-year. The balance of narrow currency (M1) was 109.14 trillion yuan, an increase of 1.5% year-on-year. The balance of currency (M0) in circulation was 13.14 trillion yuan, an increase of 12% year-on-year. Net cash injections of 319.3 billion yuan were added in the first four months.

2. RMB loans increased by 10.06 trillion yuan in the first four months

At the end of April, the balance of domestic and foreign currency loans was 269.54 trillion yuan, an increase of 6.8% year-on-year. The balance of RMB loans at the end of the month was 265.7 trillion yuan, an increase of 7.2% year-on-year.

The RMB loans increased by 10.06 trillion yuan in the first four months. By department, household loans increased by 518.4 billion yuan, of which short-term loans decreased by 241.6 billion yuan, medium- and long-term loans increased by 760.1 billion yuan; loans to enterprises (institutions) institutions increased by 9.27 trillion yuan, of which short-term loans increased by 3.03 trillion yuan, medium- and long-term loans increased by 5.83 trillion yuan, bill financing increased by 289.9 billion yuan; loans to non-banking financial institutions increased by 76.8 billion yuan.

At the end of April, the balance of foreign currency loans was US$533.3 billion, a year-on-year decrease of 18.1%. Foreign currency loans fell by $8.8 billion in the first four months.

3. RMB deposits increased by 12.55 trillion yuan in the first four months

At the end of April, the balance of deposits in domestic and foreign currencies was 321.68 trillion yuan, an increase of 8.2% year-on-year. The balance of RMB deposits at the end of the month was 314.78 trillion yuan, an increase of 8% year-on-year.

The RMB deposits increased by 12.55 trillion yuan in the first four months. Among them, household deposits increased by 7.83 trillion yuan, non-financial enterprises increased by 410.3 billion yuan, fiscal deposits increased by 1.19 trillion yuan, and non-banking financial institutions increased by 1.88 trillion yuan.

At the end of April, the balance of foreign currency deposits was US$958.2 billion, an increase of 16.1% year-on-year. Foreign currency deposits increased by US$105.3 billion in the first four months.

In April, the weighted average monthly interest rate of interbank lending in the interbank RMB market was 1.73%, and the weighted average monthly interest rate of pledged bond repurchase was 1.72%. In April, the interbank RMB market completed a total of 176.45 trillion yuan in transactions through lending, cash bonds and repurchase, with an average daily transaction of 8.02 trillion yuan, and a 4% year-on-year decrease of 2018. Among them, the average daily transaction of interbank lending decreased by 25.2% year-on-year, the average daily transaction of current bonds decreased by 7.5% year-on-year, and the average daily transaction of pledge repurchase decreased by 1.8% year-on-year.

The weighted average interest rate of interbank lending in April was 1.73%, 0.12 and 0.14 percentage points lower than last month and the same period last year, respectively. The weighted average interest rate of pledge repurchase was 1.72%, 0.15 and 0.14 percentage points lower than last month and the same period last year, respectively.

Friday. In April, the cross-border RMB settlement amount under the current account was 1.51 trillion yuan, and the cross-border RMB settlement amount was 0.72 trillion yuan. In April, the cross-border RMB settlement amount under the current account was 1.51 trillion yuan, of which 1.16 trillion yuan and 0.35 trillion yuan were respectively for goods trade, trade in services and other current account; the cross-border RMB settlement amount was 0.72 trillion yuan, of which 0.25 trillion yuan and 0.47 trillion yuan were respectively for direct investment.

(CCTV reporter Sun Yan)