May 17, 2022 01:45 GMT
MNI: PBOC Injects CNY10 Billion via OMOs, Liquidity Unchanged
MNI (Singapore)
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The People's Bank of China (PBOC) injected CNY10 billion via 7-day reverse repos with the rate unchanged at 2.1% on Tuesday. This keeps the liquidity unchanged after offsetting the maturity of CNY10 billion repos today, according to Wind Information.
- The operation aims to keep liquidity reasonable and ample, the PBOC said on its website.
- The 7-day weighted average interbank repo rate for depository institutions (DR007) rose to 2.0455% at 09:43 am local time from the close of 1.5849% on Monday.
- The CFETS-NEX money-market sentiment index closed at 49 on Monday vs 43 on Friday.
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