The report shows that as of the end of March, the balance of local and foreign currency loans was 147.77 trillion yuan, a year-on-year increase of 13.3%. At the end of the month, the balance of RMB loans was142.1/trillion yuan, up 13.7% year-on-year, 0.3 and 0.9 percentage points higher than the end of last month and the same period of last year, respectively.

In the first quarter, RMB loans increased by 58 1 trillion yuan, an increase of 952.6 billion yuan. By sector, household loans increased by 1.8 1 trillion yuan, of which short-term loans increased by 429.2 billion yuan and medium-and long-term loans increased by 1.38 trillion yuan.

Loans from non-financial enterprises and government organizations increased by 4.48 trillion yuan, of which short-term loans increased by10.05 trillion yuan, medium-and long-term loans increased by 2.57 trillion yuan, and bill financing increased by 783.3 billion yuan; Loans from non-banking financial institutions decreased by 487.9 billion yuan. In March, RMB loans increased by 1.69 trillion yuan, an increase of 577.7 billion yuan.

At the end of the same period, the balance of foreign currency loans was $84 1 billion, down 3.4% year-on-year. In the first quarter, foreign currency loans increased by $466,543.8+billion, an increase of 137 billion. In March, foreign currency loans increased by US$ 6.2 billion, an increase of US$ 28.5 billion year-on-year.

At the same time, the monthly weighted average interest rate of interbank lending in the RMB market in March was 2.42%, and the monthly weighted average interest rate of pledged bond repurchase was 2.47%.

In the first quarter, the inter-bank RMB market traded a total of 280.89 trillion yuan, with an average daily turnover of 4.68 trillion yuan, a year-on-year increase of 30%. Among them, the average daily turnover of interbank lending increased by 36.3% year-on-year, the average daily turnover of cash bonds increased by 80.2% year-on-year, and the average daily turnover of pledged repo increased by 23.9% year-on-year.

In March, the weighted average interest rate of interbank lending was 2.42%, 0.22 percentage points higher than last month and 0.32 percentage points lower than the same period last year. The weighted average interest rate of pledged repo was 2.47%, 0.23 percentage points higher than last month and 0.43 percentage points lower than the same period last year.