December 13, 2024 01:40 GMT
MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday
MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY205.1 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net injection of CNY14.2 billion after offsetting the maturity of CNY190.9 billion today, according to Wind Information.
- The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.6600% at 09:39 am local time from the close of 1.6927% on Thursday.
- The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 51 on Thursday, compared with the close of 56 on Wednesday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.
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