Free Trial

CHINA: Central Bank Withdraws Liquidity for First Day this Week. 

CHINA
  • PBOC issued CNY635bn of 7-day reverse repo at 1.5%.
  • Today’s maturities CNY981bn
  • Net liquidity withdrawal CNY345.9bn.
  • The PBOC maintains liquidity in the interbank market via the issuance of 7-day repo.
  • In recent weeks, there has been daily injections of liquidity and today is the first withdrawal this week. 
47 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • PBOC issued CNY635bn of 7-day reverse repo at 1.5%.
  • Today’s maturities CNY981bn
  • Net liquidity withdrawal CNY345.9bn.
  • The PBOC maintains liquidity in the interbank market via the issuance of 7-day repo.
  • In recent weeks, there has been daily injections of liquidity and today is the first withdrawal this week.