August 12, 2022 01:40 GMT
The People's Bank of China (PBOC) injected CNY2 billion via 7-day reverse repos with the rate unchanged at 2.1% on Friday. This keeps the liquidity unchanged after offsetting the maturity of CNY2 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 1.5723% at 9:36 am local time from the close of 1.3315% on Thursday.
- The CFETS-NEX money-market sentiment index closed at 40 on Thursday vs 43 on Wednesday.