Trial now

VIEW: BNZ: 50:50 50 As CPI Soars


Unfazed By Domestic Data


Nothing In The Way Of Notable Reaction To Chinese Data


TYZ1 130.00 Puts Blocked

     BEIJING (MNI) - The People's Bank of China injected CNY150 billion in
seven-day reverse repos, CNY120 billion in 14-day reverse repos and CNY10
billion in 63-day reverse repos via open-market operations Thursday, according
to Wind Information, a Shanghai-based financial data provider.
     This resulted in a net zero injection/drain for the day, as a total of
CNY280 billion in reverse repos mature on Thursday. This is the fourth straight
trading day that the PBOC has neither injected nor drained liquidity from the
banking system at its OMO. 
     The CFETS-ICAP money-market sentiment index ended at 40 on Wednesday,
barely changed from 39 at Tuesday's close. The lower the reading the better the
liquidity conditions in the interbank market.
     The PBOC is expected to make an official announcement on its official
website about this morning's OMO around 9:45 a.m., Beijing time.
     The benchmark seven-day repo average was last at 2.6578%, compared with
2.9267% on Wednesday.
--MNI Beijing Bureau; +86 10 85325998; email:
--MNI BEIJING Bureau; +1 202-371-2121; email: