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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
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Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
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Real-time insight of emerging markets in CEMEA, Asia and LatAm region
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Real-time insight of oil & gas markets
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Free AccessMNI: PBOC Skips Its OMOs; Drains Net CNY140 Bln
BEIJING (MNI) - The PBOC skipped its open market operations on Thursday,
stating on its website that a relatively high level of liquidity can absorb
maturing reverse repos. That resulted in a net drain of CNY140 billion, as the
same amount of reverse repos matured today, according to the PBOC.
- The PBOC will implement the reserve requirement ratio cut today, releasing
liquidity of CNY700 billion.
- CFETS-ICAP's money-market sentiment index closed at 26 on Wednesday, down
from 28 on Tuesday;
- Benchmark 7-day deposit repo average rose to 2.6315% on Thursday from
2.5927% on Wednesday: Wind Information.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: sherry.qin@marketnews.com
--MNI Beijing Bureau; +86-10-8532-5998; email: beijing@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]
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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.