Free Trial

MNI: PBOC Injects CNY100 Bln Via OMOs; Liquidity Unchanged

     BEIJING (MNI) - The PBOC injected CNY50 billion via its 7-day reverse repos
and CNY50 billion via its 14-day reverse repos on Tuesday, according to Wind
Information. 
  - This resulted in an unchanged liquidity condition as a total of CNY100
billion in reverse repos matured today; 
  - CFETS-ICAP's money-market sentiment index closed at 38 on Monday, up from 33
on Friday;
  - Benchmark 7-day deposit repo average fell to 2.6507% on Tuesday from 2.6911%
on Monday: Wind Information. 
--MNI Beijing Bureau; +86 10 85325998; email: he.wei@marketnews.com
--MNI Beijing Bureau; +86-10-8532-5998; email: beijing@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.