Policy

PBOC to inject 200 bln yuan via reverse repos

Date Sep 25 2017 17:34:04

SHANGHAI, Sept 25 (Reuters) - China's central bank will inject 200 billion yuan ($30.35 billion) into money markets on Monday, traders said.

    The People's Bank of China (PBOC) is injecting 160 billion yuan through 14-day reverse bond repurchase agreements, and 40 billion yuan through 28-day reverse repos, they said.

    On a net basis, the PBOC will drain 80 billion yuan from the market via its open market operations for the day with 280 billion yuan worth of reverse repos due to mature on Monday.

    The PBOC injected a net 450 billion yuan into the money market last week. 

PBOC Drains Net CNY80 Billion In OMOs Monday

Date Sep 25 2017 17:33:48

BEIJING (MNI) - The People's Bank of China injected CNY160 billion in14-day reverse repos and CNY40 billion in 28-day reverse repos via open-marketoperations Monday, Wind Information, a Shanghai-based financial data provider,said.

     This resulted in a net drain of CNY80 billion for the day, as a total ofCNY280 billion in reverse repos mature on Monday.

     A total of CNY680 billion reverse repos mature this week.

     The CFETS-ICAP money-market sentiment index ended at 42 on Friday - downfrom 46 at Thursday's close. The lower the reading the better the liquidityconditions in the interbank market.

     The PBOC is expected to make an official announcement on its officialwebsite about this morning's OMO around 9:45a.m., Beijing time.

     The benchmark seven-day repo average was last at 2.8174%, compared with2.9533% on Friday.

Edited by SHMET

PBOC to inject 120 billion yuan Friday, taking net injection to 450 billion yuan for week

Date Sep 22 2017 17:08:55
SHANGHAI (Reuters) - China's central bank will inject 120 billion yuan ($18.22 billion) into money markets on Friday, traders said.
The People's Bank of China is injecting 100 billion yuan through seven-day reverse bond repurchase agreements, and 20 billion yuan through 28-day reverse repos, they said.
On a net basis, the PBOC will neither inject nor drain any funds from the money market for the day with 120 billion yuan worth of reverse repos due to mature on Friday.
For the week, it will inject a net 450 billion yuan into the market, compared with a net injection of 260 billion yuan a week earlier.

Edited by SHMET

PBOC Injects CNY120 Bln In OMO Friday;

Date Sep 22 2017 17:08:34

BEIJING (MNI) - The People's Bank of China injected CNY100 billion in

seven-day reverse repos and CNY20 billion in 28-day reverse repos via

open-market operations Friday, Wind Information, a Shanghai-based financial data

provider, said.

     This resulted in no net injection or drain of liquidity for the day, as a

total of CNY120 billion in reverse repos mature for the day. This is the third

consecutive day that the PBOC made no net injection or net drain.

     The PBOC injected a net of CNY216.5 billion this week, after taking account

CNY113.5 billion of Medium-term Lending Facility instruments that matured on

Monday.

     Traders said the PBOC is likely to continue to inject liquidity next week

given cross-end-of-quarter factors and large cash demand ahead of the  week-long

National Day holiday the first week of October. But the PBOC injections will

depend in large part on how much liquidity government fiscal spending injects

into the market.

     A total of CNY580 billion reverse repos will mature next week.

     The CFETS-ICAP money-market sentiment index ended at 46 on Thursday, up

slightly  from 44 at Wednesday's close. The lower the reading the better the

liquidity conditions in the interbank market.

     The PBOC is expected to make an official announcement on its official

website about this morning's OMO around 9:45a.m., Beijing time.

     The benchmark seven-day repo average was last at 2.6515%, lower than

2.9421% on Thursday.

Edited by SHMET

PBOC Injects CNY60 Bln In OMOs Thursday; Liquidity Unchanged

Date Sep 21 2017 16:59:21

BEIJING (MNI) - The People's Bank of China injected CNY40 billion in

seven-day reverse repos and CNY20 billion in 28-day reverse repos via

open-market operations Thursday, Wind Information, a Shanghai-based financial

data provider, said.

     This resulted in no net injection or drain of liquidity for the day, as a

total of CNY60 billion in reverse repos mature on Thursday.

     The CFETS-ICAP money-market sentiment index ended at 44 on Wednesday - down

from 48 at Tuesday's close. The lower the reading the better the liquidity

conditions in the interbank market.

     The PBOC is expected to make an official announcement on its official

website about this morning's OMO around 9:45a.m., Beijing time.

     The benchmark seven-day repo average was last at 2.7048%, compared with

2.9426% on Wednesday.

Edited by SHMET
Page1of79