MNI BRIEF: Olli Rehn Gets Second Term As Bank Of Finland Head

MNI China Daily Summary: Friday, March 14

MNI BRIEF: China February M2 Stays At 7% Y/Y

RPT-MNI INTERVIEW2: Lag Justifies Faster CNB Easing - Holub

CHINA JAN-FEB NEW LOANS CNY6.14 TRLN VS MEDIAN CNY6.43 TRLN

MNI BRIEF: China's Education Ministry To Boost Graduate Jobs

MNI: SPAIN FEB HICP +0.4% M/M, +2.9% Y/Y

MNI: FRANCE FEB HICP +0.1% M/M, +0.9% Y/Y

JAPAN WAGES RISE 5.46% 2025 VS. 5.28% IN 2024: PRESS

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

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

MNI: PBOC Net Drains CNY4.3 Bln via OMO Friday

Policy NewsAPACStoryEM Policy NewsRegionChina

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY180.7 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY4.3 billion after offsetting the maturity of CNY185 billion today, according to Wind Information.
 

  • The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.5283% at 09:53 am local time from the close of 1.8004% on Thursday.
  • The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 48 on Thursday, compared with the close of 49 on Wednesday. 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 CNY180.7 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY4.3 billion after offsetting the maturity of CNY185 billion today, according to Wind Information.
 

  • The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.5283% at 09:53 am local time from the close of 1.8004% on Thursday.
  • The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 48 on Thursday, compared with the close of 49 on Wednesday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.