Trial now

Eyeing Resistance


BLOCK, 5s/Ultra-Bond Flattener

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

The People's Bank of China (PBOC) injected CNY100 billion via 14-day reverse repos with the rate unchanged at 2.35% on Monday. The operations lead to a net injection of CNY100 billion as no reverse repos maturing today, according to Wind Information.

  • The operation aims to keep liquidity stable by the end of the quarter, the PBOC said on its website.
  • The 7-day weighted average interbank repo rate for depository institutions (DR007) increased to 2.0352% at 09:26 am local time from the close of 1.9622% on Sunday.
  • The CFETS-NEX money-market sentiment index closed at 43 on Sunday vs 42 on Sep. 24.