MNI China Daily Summary: Monday, January 6

MNI: UK FINAL DEC SRVICES PMI 51.1 (FLASH 51.4); NOV 50.4

MNI INTERVIEW2: China Central Gov Should Buy Unsold Houses

MNI China Press Digest Jan 6: PBOC Bills, Yuan, Capital Market

MNI: China CFETS Yuan Index Up 0.62% In Week of Jan 3

MNI: PBOC Net Drains CNY75.0 Bln via OMO Monday

MNI: EUROZONE FINAL DEC COMPOSITE PMI 49.6 (FLASH 49.5); NOV 48.3

MNI: GERMANY FINAL DEC SRVCS PMI 51.2 (FLASH 51.0); NOV 49.3

MNI: FRANCE FINAL DEC SRVCS PMI 49.3 (FLASH 48.2); NOV 46.9

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI: PBOC Net Drains CNY153 Bln via OMO Thursday

GlobalPolicy NewsAPACStoryEM Policy NewsRegionChina

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY37.3 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY153 billion after offsetting the maturity of CNY190.3 billion today, according to Wind Information.
 

  • The seven-day weighted average interbank repo rate for depository institutions (DR007) rose to 1.6666% at 09:24 am local time from the close of 1.6096% on Wednesday.
  • The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 50 on Wednesday, compared with the close of 53 on Tuesday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.
104 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.

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY37.3 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY153 billion after offsetting the maturity of CNY190.3 billion today, according to Wind Information.
 

  • The seven-day weighted average interbank repo rate for depository institutions (DR007) rose to 1.6666% at 09:24 am local time from the close of 1.6096% on Wednesday.
  • The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 50 on Wednesday, compared with the close of 53 on Tuesday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.