MNI: PBOC Net Injects CNY2 Billion via OMOs Thursday
The People's Bank of China (PBOC) on Thursday injected CNY9 billion via 7-day reverse repos with the rates unchanged at 2.00%. The operation has led to a net injection of CNY2 billion after offsetting the maturity of CNY7 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 2.0000% at 9:41 am local time from the close of 1.8517% on Wednesday.
- The CFETS-NEX money-market sentiment index closed at 44 on Wednesday vs 45 on Tuesday.