Free Trial

MNI: PBOC Injects Net CNY270 Billion Liquidity On Tuesday

     BEIJING (MNI) - PBOC injected CNY160 billion in 7-day reverse repos, CNY150
billion in 14-day reverse repos, CNY10 billion in 63-day reverse repos in Open
Market Operation (OMO) on Tuesday, according to Wind Information.
- Net CNY270 billion injection after CNY50 billion reverse repos mature 
- CFETS-ICAP money-market sentiment index ended at 52 on Monday, same as
Friday's close
- PBOC to officially announce OMO around 9:45a.m. local time
- Benchmark 7-day repo average last at 2.6866% vs 2.8644% on Monday.
--MNI Beijing Bureau; +86 10 85325998; email: he.wei@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: MMQPB$,M$A$$$,M$Q$$$,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.