July 15, 2024 01:31 GMT
MNI: PBOC Conducts CNY100 Bln Via 1Y MLF; Rates Unchanged
MNI (Singapore)
MNI (Beijing)
Policy NewsCentral Bank NewsPBOCAPACChinaEM Policy NewsEM Central Bank NewsPeoples Bank of ChinaBriefStoryRegion
True
The People's Bank of China (PBOC) conducted CNY100 via 1-year MLF and CNY129 billion via 7-day reverse repo on Monday, with the rates unchanged at 2.50% and 1.80%, respectively. There are CNY2 billion reverse repo mature today and CNY103 MLF mature on Wednesday, according to Wind Information.
- The seven-day weighted average interbank repo rate for depository institutions (DR007) rose to 1.8113% at 09:30 am local time from the close of 1.8047% on Friday.
- The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 47 on Friday, compared with the close of 46 on Thursday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.
107 words