© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Economy Recovering But Challenges Remain - NBS

CHINA JAN-OCT INDUSTRIAL OUTPUT +4.1% Y/Y VS JAN-SEP +4.0% Y/Y

PBOC Injects Net CNY621 Bln Weds; Rates Unchanged

MNI: FRANCE OCT HICP +0.2% M/M, +4.5% Y/Y

Services CPI downside surprise should see further SONIA curve inversion

MNI: UK OCTOBER INFLATION FALLS TO 4.7% Y/Y

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

MNI BRIEF:Macklem-Fiscal Policy Turning Unhelpful On CPI Fight

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

MNI: PBOC Injects Net 141 Bln Via OMO Thurs; Rates Unchanged

MNI (Singapore)
（MNI）Beijing
Central Bank NewsPolicy NewsPBOCAPACChinaBriefStoryRegion
True

The People's Bank of China (PBOC) conducted CNY169 billion via 7-day repo and CNY82 billion via 14-day repo on Thursday, with the rate unchanged at 1.80% and 1.95%, respectively. The operation has led to a net injection of CNY141 billion after offsetting the maturity of CNY110 billion reverse repos today, according to Wind Information.

  • The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.8539% at 09:37am local time from the close of 2.0426% on Wednesday.
  • The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 45 on Wednesday, compared with the close of 44 on Tuesday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.
113 words

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.

The People's Bank of China (PBOC) conducted CNY169 billion via 7-day repo and CNY82 billion via 14-day repo on Thursday, with the rate unchanged at 1.80% and 1.95%, respectively. The operation has led to a net injection of CNY141 billion after offsetting the maturity of CNY110 billion reverse repos today, according to Wind Information.

  • The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.8539% at 09:37am local time from the close of 2.0426% on Wednesday.
  • The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 45 on Wednesday, compared with the close of 44 on Tuesday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.