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 condition across China’s interbank market tightened modestly into quarter-end, even as the People’s Bank of China injected more funds into the system, the latest MNI Liquidity Conditions Index shows.
The Liquidity Condition Index, rose to 59.4 in September from 53.1 previously, with 34.4% of the participants reporting marginally tighter liquidity condition towards the end of the month. The higher the index reading, the tighter liquidity appears to survey participants.
- The Economy Condition Index stood at 48.4, picking from August's 40.6 after the PBOC and government signaled action.
- The PBOC Policy Bias Index remained below 50 for a 15th consecutive month.
- The Guidance Clarity Index was little changed, as respondents again claim to understand the signals from the PBOC.
The MNI survey collected the opinions of 32 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. Interviews were conducted September 12 – September 23.
Click below for the full press release:
MNI China Liquidity Index -2022-09 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.