Free Trial
BOBL TECHS

(H3) Still Looking For Gains

BUND TECHS

(H3) Support Remains Intact

OIL

Coiling In Asia, Key Themes Assessed

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

PBOC Increases Reverse Repos To Smooth Liquidity Gap

CHINA PRESS
MNI (Singapore)

The People’s Bank of China has increased net injections of liquidity by lifting reverse repos to more than CNY200 billion a day to cushion the impact of the traditional tax season and government bond issuance, the China Securities Journal reported. Tax payments will drain liquidity mainly on Wednesday and Thursday, though liquidity will gradually become looser in early November, the newspaper said citing analysts. The PBOC is expected to keep using open market operations and structural monetary policy tools to maintain reasonably ample liquidity through the end of the year, the newspaper said citing analysts.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.