Free Trial
AUSTRALIA DATA

Australia Unemployment Down To 3.4% in July

US TSYS

Belly Leads Bid Still

AUD

A$ Sees Limited Selling Post Jobs Data

AUSSIE BONDS

Light Bid After Labour Market Report

CHINA RATES

China Repo Rates Rise on Thursday

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI: PBOC Injects Net CNY10 Billion via OMOs Friday

MNI (Singapore)
True

The People's Bank of China (PBOC) injected CNY10 billion via 7-day reverse repos with the rate unchanged at 2.1% on Friday. This led to a net injection of CNY10 billion as no reverse repos maturing 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 1.8608% at 9:49 am local time from the close of 1.6154% on Thursday.
  • The CFETS-NEX money-market sentiment index closed at 44 on Thursday vs 42 on Wednesday.
92 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The People's Bank of China (PBOC) injected CNY10 billion via 7-day reverse repos with the rate unchanged at 2.1% on Friday. This led to a net injection of CNY10 billion as no reverse repos maturing 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 1.8608% at 9:49 am local time from the close of 1.6154% on Thursday.
  • The CFETS-NEX money-market sentiment index closed at 44 on Thursday vs 42 on Wednesday.