MNI: US Dec Existing Home Sales Drop Smaller Than Expected

MNI:Italy Coalition In Fight To Control Economy Policy-Sources

MNI BRIEF: Italy 2023 Growth At 0.6%; 2% Inflation In '25 -BOI

NBH Watch

MNI: US NAR DEC EXISTING HOME SALES -1.5% TO 4.02M SAAR

MNI: CANADIAN NOV RETAIL SALES -0.1%; SALES EX-AUTOS/PARTS -0.6%

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

MNI BRIEF: EC Head Aims For Gas Price Cap Deal In Coming Days

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

DBRS Confirms Australia at AAA; Stable Trend

SECURITY

Austin Commends Western Aid To Ukraine But Wait Continues For Tanks

IRAN

No EU Agreement On IRGC Listing Despite US Saying No Way Back For JCPoA

REFINING

EIA Forecast High US Refinery Utilisation Despite Winter Outages

OIL PRODUCTS

Diesel and Gasoline Cracks Extend Rally on Supply Uncertainty

REFINING

US Offline Refinery Capacity – 2023

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

MNI: PBOC Net Drains CNY53 Billion via OMOs Monday

MNI (Singapore)
MNI (Beijing)
Policy NewsAPACChinaPolicy StoryStoryRegion
True

The People's Bank of China (PBOC) on Monday injected CNY2 billion via 7-day reverse repos with the rates unchanged at 2.00%. The operation has led to a net drain of CNY53 billion after offsetting the maturity of CNY55 billion reverse repos today, according to Wind Information.

  • The operation aims to keep liquidity reasonable and ample, the PBOC said on its website.
  • The 7-day weighted average interbank repo rate for depository institutions (DR007) rose to 1.7364% at 9:39 am local time from the close of 1.6189% on Friday.
  • The CFETS-NEX money-market sentiment index closed at 44 on Friday vs 45 on Thursday.
98 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The People's Bank of China (PBOC) on Monday injected CNY2 billion via 7-day reverse repos with the rates unchanged at 2.00%. The operation has led to a net drain of CNY53 billion after offsetting the maturity of CNY55 billion reverse repos today, according to Wind Information.

  • The operation aims to keep liquidity reasonable and ample, the PBOC said on its website.
  • The 7-day weighted average interbank repo rate for depository institutions (DR007) rose to 1.7364% at 9:39 am local time from the close of 1.6189% on Friday.
  • The CFETS-NEX money-market sentiment index closed at 44 on Friday vs 45 on Thursday.