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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.
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Free AccessMNI: PBOC Skips OMO, Net Drains CNY30 Billion
BEIJING (MNI) - The People's Bank of China (PBOC) skipped open market
operations (OMOs) on Friday. This resulted in a net drain of CNY30 billion given
the same amount of reverse repos matured, according to Wind Information.
- The total liquidity in the banking system is relatively high, the PBOC said.
- The 7-day weighted average interbank repo rate for depository institutions
(DR007) rose to 2.5949% at 0952 local time from the close of 2.5006% on
Thursday: Wind Information.
- The CFETS-NEX money-market sentiment index closed at 38 on Thursday vs 37 on
Wednesday.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@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.