January 21, 2025 01:36 GMT
CHINA: Central Bank Injects Liquidity via OMO.
CHINA
- The PBOC issued CNY256bn of 14-day reverse repo at 1.65% during this morning’s open market operations.
- Today’s maturities CNY55bn.
- Net liquidity injection CNY201bn.
- The PBOC monitors and maintains liquidity through the issuance of reverse repo.
- Today’s CFETS pledged repo index from deposit institutions is at 1.65% and the overnight REPO rate is at 1.75%.
- It is widely expected that the PBOC will continue to provide liquidity as China heads into the Lunar New Year period.
- The Lunar New Year holidays sees China out Jan 28-Feb 04 inclusive.
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