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MNI: PBOC Skips Open Market Operations; Liquidity Unchanged
BEIJING (MNI) - The People's Bank of China (PBOC) skipped open market
operations on Wednesday, leaving liquidity unchanged, according to Wind
Information.
- Liquidity in the banking system is reasonable and ample, the PBOC said on
its website.
- The 7-day weighted average interbank repo rate for depository
institutions (DR007) fell to 2.0302% at 9:23 a.m. local time from the weighted
average of 2.0846% on Tuesday: Wind Information.
- The CFETS-NEX money-market sentiment index closed at 37 on Tuesday vs 31
on Monday. A higher index indicates increased market expectations for tighter
liquidity.
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]
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