February 27, 2025 01:55 GMT
MNI: PBOC Net injects CNY90 Bln via OMO Thursday
MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY215 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net injection of CNY90 billion after offsetting the maturity of CNY125d billion today, according to Wind Information.
- The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 2.2833% at 09:55 am local time from the close of 2.2386% on Wednesday.
- The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 45 on Wednesday, the same as the close Tuesday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.
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