MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

GlobalPolicy NewsAPACStoryEM Policy NewsRegionChina

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY78.6 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net injection of CNY37.3 billion after offsetting the maturity of CNY41.3 billion today, according to Wind Information.
 

  • The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.7008% at 09:51 am local time from the close of 1.8165% on Tuesday.
  • The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 47 on Tuesday, compared with the close of 54 on Monday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.
104 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.

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY78.6 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net injection of CNY37.3 billion after offsetting the maturity of CNY41.3 billion today, according to Wind Information.
 

  • The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.7008% at 09:51 am local time from the close of 1.8165% on Tuesday.
  • The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 47 on Tuesday, compared with the close of 54 on Monday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.