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CHINA: Central Bank Drains Liquidity via OMO.

CHINA
EM BulletAPACChinaEmerging Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

 

  • The PBOC sold CNY97bn of 7-day reverse repo at 1.5% during this morning’s operations.
  • Today’s maturities CNY292.5bn.
  • Net liquidity withdrawal CNY195.5bn.
  • The PBOC controls and maintains liquidity in the interbank system through the issuance of reverse repo.
  • The CFETS Pledged Repo Deposit Institutions 7 Day Weighted Average Index is at 1.64% from Friday’s close of 2.12%.
  • China’s overnight repo rate is 1.81% from 1.60% for Friday’s close.
  • China’s 7-day repo rate is 1.85% from Friday’s close of 1.93%
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  • The PBOC sold CNY97bn of 7-day reverse repo at 1.5% during this morning’s operations.
  • Today’s maturities CNY292.5bn.
  • Net liquidity withdrawal CNY195.5bn.
  • The PBOC controls and maintains liquidity in the interbank system through the issuance of reverse repo.
  • The CFETS Pledged Repo Deposit Institutions 7 Day Weighted Average Index is at 1.64% from Friday’s close of 2.12%.
  • China’s overnight repo rate is 1.81% from 1.60% for Friday’s close.
  • China’s 7-day repo rate is 1.85% from Friday’s close of 1.93%
image