Free Trial

The PBOC confirmed on its website Tuesday.....>

CHINA
CHINA: The PBOC confirmed on its website Tuesday morning that it injected CNY40
billion in liquidity via 14-day and CNY10 billion via 28-day reverse repos, with
rates unchanged at 2.60% and 2.75%, respectively. The operation drained CNY80
billion, according to MNI calculations.  The PBOC again said higher fiscal
spending towards month-end would offset the impact of maturing reverse repos to
some extent.

To read the full story

Close

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.