January 23, 2025 01:32 GMT
MNI: PBOC Net Injects CNY139.5 Bln via OMO Thursday
MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY480 billion via 14-day reverse repos, with the rate unchanged at 1.65%. The operation led to a net injection of CNY139.5 billion after offsetting the maturity of CNY340.5 billion today, according to Wind Information.
- The seven-day weighted average interbank repo rate for depository institutions (DR007) rose to 1.8850% at 09:32 am local time from the close of 1.8721% on Wednesday.
- The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 68 on Wednesday, compared with the close of 45 on Tuesday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.
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