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MNI China Liquidity Index™ – Eases To 32.7 in August

MNI (London)

Liquidity across China's interbank money market eased modestly in August, the latest MNI Liquidity Conditions Index shows.

The Liquidity Condition Index stood at 32.7 in August, down from the 46.0 recorded in July. The higher the index reading, the tighter liquidity appears to survey participants.

  • The Economy Condition Index stood at 5.8, the lowest time since dropping to 0 in February 2020, the economy's pandemic-era low point.
  • The PBOC Policy Bias Index edged lower, still sitting below the 50 mark.
  • The Guidance Clarity Index also edged lower, although was overall little changed on the July level.
  • With the economy seen slowing, long-term bond yields are seen lower over the next 3 months

Interviews were conducted July 20 - August 11.

Click below for the full press release:

MNI_China_Liquidity_Index_Aug_2021.pdf

For full database history and full report on the MNI China Liquidity Index™, please contact:sales@marketnews.com

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