Free Trial

MNI: PBOC Net Injects CNY160 Billion via OMOs

     BEIJING (MNI) - The People's Bank of China (PBOC) injected CNY160 billion
via 7-day reverse repos on Wednesday. This results in a net injection of CNY160
billion as no reverse repos mature today, according to Wind Information.
--The PBOC also injected a total of CNY200 billion one-year medium-term lending
facility (MLF), aiming to keep the total liquidity of the banking system at a
reasonable and ample level, the PBOC said. There is also a maturity of CNY366.5
billion MLF today, Wind Information said.
--The 7-day weighted average interbank repo average rate for depository
institutions (DR007) fell to 2.6800% at 1008 local time from the close of
2.8713% on Tuesday: Wind Information. 
--CFETS-NEX money-market sentiment index closed at 47 on Tuesday vs 49 on
Monday.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]

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.