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- <template>
- <div class="bond-funding-page">
- <header class="page-hd">
- <div>
- <div class="page-title">债市资金面看板</div>
- <div class="page-sub">债市分析 · 资金面 · DR007 / Shibor 3M / 央行公开市场操作 / 流动性投放</div>
- </div>
- <div class="page-actions">
- <button class="btn" @click="reload" :disabled="loading">
- <span :class="['ic-refresh', { spinning: loading }]">↻</span> 刷新
- </button>
- </div>
- </header>
- <!-- KPI 概览条 -->
- <section class="kpi-grid">
- <div class="kpi-card" v-for="k in kpis" :key="k.label">
- <div class="label">{{ k.icon }} {{ k.label }}</div>
- <div class="value">
- {{ formatNum(k.value) }}<span class="unit"> {{ k.unit }}</span>
- </div>
- <div :class="['chg', chgCls(k.value, k.sign)]">
- <span class="arrow">{{ arrow(k.value) }}</span> {{ k.date }} · {{ k.tag }}
- </div>
- </div>
- </section>
- <!-- 资金利率 · DR007 / Shibor 3M -->
- <section class="section">
- <div class="section-hd">
- <span class="dot"></span>
- <h2>资金利率走势 · DR007 与 Shibor 3M</h2>
- <span class="meta">日频 · 全国银行间同业拆借中心</span>
- <span class="meta-spacer"></span>
- <span class="meta">DR007 {{ formatPct2(dr007Latest) }} · Shibor 3M {{ formatPct2(shibor3mLatest) }}</span>
- </div>
- <div class="card-grid cols-2-1">
- <div class="card">
- <div class="card-head">
- <div class="title">
- <span class="ic">图</span>
- <span class="title-text">资金利率走势</span>
- </div>
- </div>
- <div class="card-body">
- <Chart :option="dr007ShiborOpt" height="320px" />
- </div>
- </div>
- <div class="card">
- <div class="card-head">
- <div class="title">
- <span class="ic">说</span>
- <span class="title-text">指标解读</span>
- </div>
- </div>
- <div class="card-body">
- <div class="kv-list">
- <div class="kv"><span class="k">DR007 编码</span><span class="v">M0010043</span></div>
- <div class="kv"><span class="k">DR007 最新</span><span class="v strong">{{ formatPct2(dr007Latest) }}</span></div>
- <div class="kv"><span class="k">Shibor 3M 编码</span><span class="v">M0010042</span></div>
- <div class="kv"><span class="k">Shibor 3M 最新</span><span class="v strong">{{ formatPct2(shibor3mLatest) }}</span></div>
- <div class="kv"><span class="k">利差(3M-DR007)</span><span class="v strong">{{ spread }}bp</span></div>
- </div>
- <div class="note">
- DR007 是存款类机构 7 天质押式回购加权利率,反映银行体系短期资金松紧;Shibor 3M 是 3 个月期同业拆借利率,反映中期资金成本。{{ drComment }}。
- </div>
- </div>
- </div>
- </div>
- </section>
- <!-- 中长期流动性 · MLF / PSL -->
- <section class="section">
- <div class="section-hd">
- <span class="dot"></span>
- <h2>中长期流动性工具 · MLF 与 PSL 余额</h2>
- <span class="meta">月度 · 中国人民银行</span>
- <span class="meta-spacer"></span>
- <span class="meta">MLF {{ formatYi(mlfLatest) }} 亿元 · PSL {{ formatYi(pslLatest) }} 亿元</span>
- </div>
- <div class="card-grid cols-2-1">
- <div class="card">
- <div class="card-head">
- <div class="title">
- <span class="ic">图</span>
- <span class="title-text">MLF 与 PSL 余额</span>
- </div>
- </div>
- <div class="card-body">
- <Chart :option="mlfPslOpt" height="320px" />
- </div>
- </div>
- <div class="card">
- <div class="card-head">
- <div class="title">
- <span class="ic">说</span>
- <span class="title-text">指标解读</span>
- </div>
- </div>
- <div class="card-body">
- <div class="kv-list">
- <div class="kv"><span class="k">MLF 编码</span><span class="v">M5515072</span></div>
- <div class="kv"><span class="k">MLF 最新</span><span class="v strong">{{ formatYi(mlfLatest) }} 亿元</span></div>
- <div class="kv"><span class="k">PSL 编码</span><span class="v">M5528822</span></div>
- <div class="kv"><span class="k">PSL 最新</span><span class="v strong">{{ formatYi(pslLatest) }} 亿元</span></div>
- <div class="kv"><span class="k">合计</span><span class="v strong">{{ formatYi(mlfPslSum) }} 亿元</span></div>
- </div>
- <div class="note">
- MLF 余额反映中期借贷便利存量,PSL 主要支持政策性银行信贷投放。两者合计反映中长期流动性投放总规模。{{ mlfPslComment }}。
- </div>
- </div>
- </div>
- </div>
- </section>
- <!-- 买断式逆回购 -->
- <section class="section">
- <div class="section-hd">
- <span class="dot"></span>
- <h2>买断式逆回购 · 期末余额</h2>
- <span class="meta">月度 · 中国人民银行 · 口径:余额</span>
- <span class="meta-spacer"></span>
- <span class="meta">最新 6m {{ formatYi(repo6mLatest) }} · 3m {{ formatYi(repo3mLatest) }} 亿元</span>
- </div>
- <div class="card-grid cols-2-1">
- <div class="card">
- <div class="card-head">
- <div class="title">
- <span class="ic">图</span>
- <span class="title-text">买断式逆回购 · 6m + 3m 期末余额(口径:余额)</span>
- </div>
- </div>
- <div class="card-body">
- <Chart :option="repoNetOpt" height="320px" />
- </div>
- </div>
- <div class="card">
- <div class="card-head">
- <div class="title">
- <span class="ic">说</span>
- <span class="title-text">指标解读</span>
- </div>
- </div>
- <div class="card-body">
- <div class="kv-list">
- <div class="kv"><span class="k">6m 编码</span><span class="v">s4</span></div>
- <div class="kv"><span class="k">6m 最新余额</span><span class="v strong">{{ formatYi(repo6mLatest) }} 亿元</span></div>
- <div class="kv"><span class="k">3m 编码</span><span class="v">s3</span></div>
- <div class="kv"><span class="k">3m 最新余额</span><span class="v strong">{{ formatYi(repo3mLatest) }} 亿元</span></div>
- <div class="kv"><span class="k">合计余额</span><span class="v strong">{{ formatYi(repoTotal) }} 亿元</span></div>
- </div>
- <div class="note">
- 买断式逆回购是 2024 年新增的中长期流动性投放工具,央行通过 6 个月 / 3 个月期限搭配,丰富投放渠道;本页采用「余额」口径(与国债净买入「净买入」口径不同)。{{ repoComment }}。
- </div>
- </div>
- </div>
- </div>
- </section>
- <!-- 国债净买入 -->
- <section class="section">
- <div class="section-hd">
- <span class="dot"></span>
- <h2>国债买卖 · 月度净买入规模</h2>
- <span class="meta">月度 · Wind · 口径:净买入</span>
- <span class="meta-spacer"></span>
- <span class="meta">最新 {{ formatYi(bondBuyLatest) }} 亿元 · {{ formatDate(bondBuyLatest?.date) }}</span>
- </div>
- <div class="card-grid cols-2-1">
- <div class="card">
- <div class="card-head">
- <div class="title">
- <span class="ic">图</span>
- <span class="title-text">国债月度净买入额(口径:净买入)</span>
- </div>
- </div>
- <div class="card-body">
- <Chart :option="bondBuyOpt" height="320px" />
- </div>
- </div>
- <div class="card">
- <div class="card-head">
- <div class="title">
- <span class="ic">说</span>
- <span class="title-text">指标解读</span>
- </div>
- </div>
- <div class="card-body">
- <div class="kv-list">
- <div class="kv"><span class="k">指标编码</span><span class="v">Y9767477</span></div>
- <div class="kv"><span class="k">数据源</span><span class="v">Wind</span></div>
- <div class="kv"><span class="k">频率</span><span class="v">月度</span></div>
- <div class="kv"><span class="k">口径</span><span class="v">月度净买入</span></div>
- <div class="kv"><span class="k">起始日期</span><span class="v">2024-08-31</span></div>
- <div class="kv"><span class="k">最近观测</span><span class="v">{{ formatDate(bondBuyLatest?.date) }}</span></div>
- <div class="kv"><span class="k">最新读数</span><span class="v strong">{{ formatYi(bondBuyLatest) }} 亿元</span></div>
- </div>
- <div class="note">
- 央行于 2024 年 8 月起开展国债买卖操作,作为流动性管理工具与货币政策框架的有益补充;本页采用「净买入」口径。
- </div>
- </div>
- </div>
- </div>
- </section>
- <footer class="footer">
- 数据源:全国银行间同业拆借中心 · 中国人民银行 · Wind · {{ updatedAt }} · 债市资金面看板 v1.0
- </footer>
- </div>
- </template>
- <script setup>
- import { computed, onMounted, ref as vRef } from 'vue'
- import Chart from '@/components/Chart.vue'
- import { loadAllSeries, latestOf } from './data'
- import { dr007ShiborOption, mlfPslOption, repoNetOption, bondBuyOption } from './charts'
- const loading = vRef(false)
- const updatedAt = vRef('')
- const dr007Series = vRef([])
- const shibor3mSeries = vRef([])
- const mlfSeries = vRef([])
- const pslSeries = vRef([])
- const repo6mSeries = vRef([])
- const repo3mSeries = vRef([])
- const bondBuySeries = vRef([])
- function formatNum(v) {
- if (typeof v !== 'number') return v ?? '—'
- return v.toFixed(2)
- }
- function formatYi(latest) {
- if (!latest || typeof latest.value !== 'number') return '—'
- return latest.value.toLocaleString(undefined, { maximumFractionDigits: 0 })
- }
- function formatPct2(latest) {
- if (!latest || typeof latest.value !== 'number') return '—'
- return `${latest.value.toFixed(2)}%`
- }
- function formatDate(d) {
- if (!d) return '—'
- return String(d).slice(0, 10)
- }
- function chgCls(v, sign = true) {
- if (typeof v !== 'number' || Math.abs(v) < 0.005) return 'flat'
- const isUp = sign ? v > 0 : v < 0
- return isUp ? 'up' : 'down'
- }
- function arrow(v) {
- if (typeof v !== 'number' || Math.abs(v) < 0.005) return '—'
- return v > 0 ? '▲' : '▼'
- }
- async function reload() {
- loading.value = true
- try {
- const all = await loadAllSeries()
- dr007Series.value = all.dr007.series
- shibor3mSeries.value = all.shibor3m.series
- mlfSeries.value = all.mlf.series
- pslSeries.value = all.psl.series
- repo6mSeries.value = all.repo6m.series
- repo3mSeries.value = all.repo3m.series
- bondBuySeries.value = all.bondBuy.series
- updatedAt.value = new Date().toISOString().slice(0, 19).replace('T', ' ')
- } finally {
- loading.value = false
- }
- }
- onMounted(reload)
- const dr007Latest = computed(() => latestOf(dr007Series.value))
- const shibor3mLatest = computed(() => latestOf(shibor3mSeries.value))
- const mlfLatest = computed(() => latestOf(mlfSeries.value))
- const pslLatest = computed(() => latestOf(pslSeries.value))
- const repo6mLatest = computed(() => latestOf(repo6mSeries.value))
- const repo3mLatest = computed(() => latestOf(repo3mSeries.value))
- const bondBuyLatest = computed(() => latestOf(bondBuySeries.value))
- const spread = computed(() => {
- if (!dr007Latest.value || !shibor3mLatest.value) return '—'
- return Math.round((shibor3mLatest.value.value - dr007Latest.value.value) * 100)
- })
- const mlfPslSum = computed(() => {
- if (mlfLatest.value?.value == null || pslLatest.value?.value == null) return null
- return mlfLatest.value.value + pslLatest.value.value
- })
- const repoTotal = computed(() => {
- if (repo6mLatest.value?.value == null || repo3mLatest.value?.value == null) return null
- return repo6mLatest.value.value + repo3mLatest.value.value
- })
- const kpis = computed(() => ([
- { label: 'DR007', icon: '⚡', value: dr007Latest.value?.value, unit: '%', date: formatDate(dr007Latest.value?.date), tag: '短端', sign: false },
- { label: 'Shibor 3M', icon: '🌀', value: shibor3mLatest.value?.value, unit: '%', date: formatDate(shibor3mLatest.value?.date), tag: '中端', sign: false },
- { label: 'MLF 余额', icon: '💵', value: mlfLatest.value?.value, unit: '亿元', date: formatDate(mlfLatest.value?.date), tag: '中期投放', sign: true },
- { label: 'PSL 余额', icon: '🧱', value: pslLatest.value?.value, unit: '亿元', date: formatDate(pslLatest.value?.date), tag: '政策性投放', sign: true },
- { label: '买断式逆回购 6M', icon: '🔁', value: repo6mLatest.value?.value, unit: '亿元', date: formatDate(repo6mLatest.value?.date), tag: '余额', sign: true },
- { label: '买断式逆回购 3M', icon: '🔂', value: repo3mLatest.value?.value, unit: '亿元', date: formatDate(repo3mLatest.value?.date), tag: '余额', sign: true },
- { label: '国债净买入', icon: '📥', value: bondBuyLatest.value?.value, unit: '亿元', date: formatDate(bondBuyLatest.value?.date), tag: '净买入', sign: true },
- { label: 'MLF+PSL 合计', icon: '🏦', value: mlfPslSum.value, unit: '亿元', date: formatDate(mlfLatest.value?.date), tag: '中长期投放', sign: true },
- ]))
- const dr007ShiborOpt = computed(() => dr007ShiborOption(dr007Series.value, shibor3mSeries.value))
- const mlfPslOpt = computed(() => mlfPslOption(mlfSeries.value, pslSeries.value))
- const repoNetOpt = computed(() => repoNetOption(repo6mSeries.value, repo3mSeries.value))
- const bondBuyOpt = computed(() => bondBuyOption(bondBuySeries.value))
- const drComment = computed(() => {
- const v = dr007Latest.value?.value
- if (typeof v !== 'number') return '资金面松紧持续观察'
- if (v <= 1.5) return '资金面宽松'
- if (v <= 1.8) return '资金面中性偏松'
- if (v <= 2.1) return '资金面中性'
- return '资金面偏紧'
- })
- const mlfPslComment = computed(() => {
- if (!mlfSeries.value.length || mlfLatest.value == null) return '中长期流动性投放持续观察'
- const arr = mlfSeries.value
- const first = arr[0][1]
- const last = arr[arr.length - 1][1]
- if (typeof first !== 'number' || typeof last !== 'number') return '中长期流动性投放持续观察'
- if (last < first) return 'MLF 余额较前期回落,存量逐步压降'
- if (last > first) return 'MLF 余额较前期回升'
- return 'MLF 余额相对稳定'
- })
- const repoComment = computed(() => {
- if (repoTotal.value == null) return '买断式逆回购规模持续观察'
- if (repoTotal.value >= 1000) return '买断式逆回购净投放充裕'
- if (repoTotal.value >= 0) return '买断式逆回购净投放偏少'
- return '买断式逆回购转为净回笼'
- })
- </script>
- <style scoped>
- .bond-funding-page {
- padding: 18px 24px 32px;
- color: var(--ink, #1A2438);
- }
- .page-hd {
- display: flex;
- align-items: flex-end;
- justify-content: space-between;
- margin-bottom: 14px;
- flex-wrap: wrap;
- gap: 12px;
- }
- .page-title { font-size: 18px; font-weight: 600; margin-bottom: 3px; }
- .page-sub { font-size: 12px; color: var(--mut, #6B7A96); }
- .page-actions { display: flex; gap: 8px; }
- .btn {
- height: 30px;
- padding: 0 14px;
- border: 1px solid var(--line, #E4E9F2);
- border-radius: 6px;
- background: #fff;
- font-size: 12.5px;
- cursor: pointer;
- display: inline-flex;
- align-items: center;
- gap: 5px;
- transition: 0.15s;
- }
- .btn:hover { border-color: var(--brand, #1552D0); color: var(--brand, #1552D0); }
- .btn:disabled { opacity: .6; cursor: not-allowed; }
- .ic-refresh.spinning { display: inline-block; animation: spin 1s linear infinite; }
- @keyframes spin { from { transform: rotate(0deg); } to { transform: rotate(360deg); } }
- .kpi-grid {
- display: grid;
- grid-template-columns: repeat(8, minmax(0, 1fr));
- gap: 10px;
- margin-bottom: 16px;
- }
- .kpi-card {
- background: #fff;
- border: 1px solid var(--line, #E4E9F2);
- border-radius: 8px;
- padding: 13px 14px;
- transition: 0.15s;
- min-width: 0;
- }
- .kpi-card:hover { box-shadow: 0 1px 3px rgba(16, 32, 64, 0.06); border-color: #D1D8E5; }
- .kpi-card .label {
- font-size: 11.5px;
- color: var(--mut, #6B7A96);
- margin-bottom: 6px;
- display: flex;
- align-items: center;
- gap: 4px;
- }
- .kpi-card .value {
- font-size: 20px;
- font-weight: 600;
- font-variant-numeric: tabular-nums;
- letter-spacing: -0.5px;
- line-height: 1.1;
- }
- .kpi-card .value .unit {
- font-size: 12px;
- color: var(--mut, #6B7A96);
- font-weight: 500;
- margin-left: 2px;
- }
- .kpi-card .chg {
- font-size: 11px;
- margin-top: 5px;
- font-variant-numeric: tabular-nums;
- display: flex;
- align-items: center;
- gap: 3px;
- }
- .kpi-card .chg.up { color: #E13B3B; }
- .kpi-card .chg.down { color: #189A65; }
- .kpi-card .chg.flat { color: var(--mut, #6B7A96); }
- .kpi-card .chg .arrow { font-size: 9px; }
- .section { margin-top: 18px; }
- .section-hd {
- display: flex;
- align-items: center;
- gap: 8px;
- margin-bottom: 12px;
- flex-wrap: wrap;
- }
- .section-hd .dot {
- width: 4px;
- height: 18px;
- background: var(--brand, #1552D0);
- border-radius: 2px;
- }
- .section-hd h2 { font-size: 14.5px; font-weight: 600; margin: 0; }
- .section-hd .meta { font-size: 11.5px; color: #98A5BD; margin-left: 8px; }
- .section-hd .meta-spacer { flex: 1; }
- .card-grid { display: grid; gap: 14px; }
- .card-grid.cols-2-1 { grid-template-columns: 2fr 1fr; }
- .card-grid.cols-1-1 { grid-template-columns: 1fr 1fr; }
- .card {
- background: #fff;
- border: 1px solid var(--line, #E4E9F2);
- border-radius: 8px;
- overflow: hidden;
- display: flex;
- flex-direction: column;
- }
- .card:hover { box-shadow: 0 1px 3px rgba(16, 32, 64, 0.06); }
- .card-head {
- padding: 11px 16px;
- border-bottom: 1px solid var(--line, #E4E9F2);
- display: flex;
- align-items: center;
- gap: 8px;
- }
- .card-head .title {
- font-size: 13.5px;
- font-weight: 600;
- display: flex;
- align-items: center;
- gap: 6px;
- flex: 1;
- min-width: 0;
- }
- .card-head .title .ic {
- display: inline-grid;
- place-items: center;
- min-width: 22px;
- height: 18px;
- padding: 0 5px;
- background: var(--brand-lt, #EAF1FF);
- color: var(--brand, #1552D0);
- font-size: 10px;
- border-radius: 4px;
- font-weight: 700;
- flex: none;
- }
- .card-head .title-text { white-space: nowrap; overflow: hidden; text-overflow: ellipsis; }
- .card-head .acts { display: flex; align-items: center; gap: 6px; flex: none; }
- .card-body { padding: 14px 16px; flex: 1; min-height: 0; }
- .kv-list { padding: 4px 0; }
- .kv {
- display: flex;
- justify-content: space-between;
- padding: 7px 0;
- border-bottom: 1px dashed var(--line, #E4E9F2);
- font-size: 12.5px;
- }
- .kv:last-child { border-bottom: none; }
- .kv .k { color: var(--mut, #6B7A96); }
- .kv .v { font-variant-numeric: tabular-nums; }
- .kv .v.strong { font-weight: 600; }
- .note {
- margin-top: 12px;
- padding: 10px 12px;
- background: #F7F9FD;
- border-left: 3px solid var(--brand, #1552D0);
- border-radius: 4px;
- font-size: 12px;
- line-height: 1.7;
- color: var(--mut, #6B7A96);
- }
- .footer {
- padding: 18px 24px 12px;
- color: #98A5BD;
- font-size: 11.5px;
- text-align: center;
- border-top: 1px solid var(--line, #E4E9F2);
- background: #FAFBFE;
- margin-top: 14px;
- border-radius: 8px;
- }
- @media (max-width: 1280px) {
- .kpi-grid { grid-template-columns: repeat(4, minmax(0, 1fr)); }
- }
- @media (max-width: 980px) {
- .kpi-grid { grid-template-columns: repeat(2, minmax(0, 1fr)); }
- .card-grid.cols-2-1,
- .card-grid.cols-1-1 { grid-template-columns: 1fr; }
- }
- </style>
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