September 05, 2022 01:59 GMT
The People's Bank of China (PBOC) injected CNY2 billion via 7-day reverse repos with the rate unchanged at 2.0% on Monday. 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) fell to 1.4101% at 10:00 am local time from the close of 1.4314% on Friday.
- The CFETS-NEX money-market sentiment index closed at 40 on Friday vs 48 on Thursday.