November 28, 2022 01:54 GMT
MNI: PBOC Net Injects CNY52 Billion via OMOs Monday
MNI (Singapore)
MNI (Beijing)
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The People's Bank of China (PBOC) on Monday injected CNY55 billion via 7-day reverse repos with the rates unchanged at 2.00%. The operation has led to a net injection of CNY52 billion after offsetting the maturity of CNY3 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 1.8727% at 9:38 am local time from the close of 1.7323% on Friday.
- The CFETS-NEX money-market sentiment index closed at 45 on Friday vs 48 on Thursday.
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