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MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday

GlobalPolicy NewsAPACStoryEM Policy NewsRegionChina

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY249.3 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net injection of CNY76.7 billion after offsetting the maturity of CNY172.6 billion today. PBOC conducted another CNY900 billion via 1-year MLF today with rate at 2.00%, according to Wind Information.
 

  • The seven-day weighted average interbank repo rate for depository institutions (DR007) rose to 1.6899% at 09:49 am local time from the close of 1.6451% on Friday.
  • The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 55 on Friday, compared with the close of 45 on Thursday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.
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MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY249.3 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net injection of CNY76.7 billion after offsetting the maturity of CNY172.6 billion today. PBOC conducted another CNY900 billion via 1-year MLF today with rate at 2.00%, according to Wind Information.
 

  • The seven-day weighted average interbank repo rate for depository institutions (DR007) rose to 1.6899% at 09:49 am local time from the close of 1.6451% on Friday.
  • The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 55 on Friday, compared with the close of 45 on Thursday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.