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- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
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Free AccessMNI: PBOC Net Drains CNY170 Billion
BEIJING (MNI) - The People's Bank of China (PBOC) skipped open market
operations(OMOs) on Monday, ending the 14-day long liquidity injection by
reverse repos. This resulted in a net drain of CNY170 billion as the same amount
of reverse repos matures today, according to Wind Information.
- The PBOC said the current liquidity at the banking system is at a relatively
high level.
- 7-day weighted average interbank repo average rate for depository institutions
(DR007) increased to 2.6338% at 09:42 a.m. local time from the close of 2.3401%
on Friday: Wind Information.
- CFETS-NEX money-market sentiment index closed at 24 on Friday vs 26 on
Thursday.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]
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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.