MNI BRIEF: Japan Oct CGPI Rises 3.4% Y/Y, Import Prices Drop

MNI: US Consumers See Lower Inflation, Better Jobs - NY Fed

MNI BRIEF: Risks To Growth Evident, Await Dec Forecasts -Rehn

MNI BRIEF: Prolonged Tightening If Expectations Worsen - BCB

MNI China Daily Summary: Tuesday, November 12

MNI: PBOC Sets Yuan Parity Higher At 7.1927 Tues; +1.32% Y/Y

MNI: JAPAN OCT CORP GOODS PRICE INDEX +3.4% Y/Y; SEPT REV +3.1%

EZ/UK Bond Supply Calendar: IT, UK, DE, PO Auction Wednesday

MNI: US REDBOOK: NOV STORE SALES +4.8% V YR AGO MO

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI: PBOC Net Injects CNY107.2 Bln via OMO Tuesday

MNI (Singapore)
MNI (Beijing)
Central Bank NewsPolicy NewsPBOCAPACChinaEM Policy NewsEM Central Bank NewsPeoples Bank of ChinaBriefStoryRegion
True

The People's Bank of China (PBOC) conducted CNY125.5 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net injection of CNY107.2 billion after offsetting the maturity of CNY18.3 billion today, according to Wind Information.

  • The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.5874% at 09:30 am local time from the close of 1.7261% on Monday.
  • The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 49 on Monday, compared with the close of 57 on Friday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.
100 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.

The People's Bank of China (PBOC) conducted CNY125.5 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net injection of CNY107.2 billion after offsetting the maturity of CNY18.3 billion today, according to Wind Information.

  • The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.5874% at 09:30 am local time from the close of 1.7261% on Monday.
  • The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 49 on Monday, compared with the close of 57 on Friday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.