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.
Liquidity across China's interbank money market was little changed in November, the latest MNI Liquidity Conditions Index shows.
The Liquidity Condition Index stood at 38.9 in November, up from the 35.7 recorded in October. The higher the index reading, the tighter liquidity appears to survey participants.
- The Economy Condition Index stood at 14.8, recovering modestly from 7.1 previously, although the recovery was due to less people seeing further downside, as no respondents saw a near-term recovery.
- 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 levels seen in recent months.
- Despite the economy seen slowing, long-term bond yields are seen hovering around current levels over the next 3 months.
The MNI survey collected the opinions of traders with financial institutions operating in China's interbank market, the country's main platform for trading fixed-income and currency instruments, and the main funding source for financial institutions.
Interviewswere conducted Nov 8 – Nov 19.
Click below for the full press release:
MNI_China_Liquidity_Index_-2021-11_presser.pdf
For full database history and full report on the MNI China Liquidity Index™, please contact:sales@marketnews.com
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.