Policy

PBOC Injects CNY70 Bln In OMOs Thursday; No Net Add/Drain

Date Sep 28 2017 17:50:07

BEIJING (MNI) - The People's Bank of China injected CNY50 billion in 14-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 a zero net injection/drain for the day, as a total of

CNY70 billion in reverse repos mature Thursday.

     The CFETS-ICAP money-market sentiment index ended at 54 on Wednesday, up

slightly from 53 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 2.8407%, compared with

3.1177% on Wednesday.

Edited by SHMET

PBOC Skipped OMO Wednesday; Drained CNY40 Bln

Date Sep 27 2017 17:04:06

BEIJING (MNI) - The People's Bank of China skipped its open marketoperations on Wednesday, the central bank announced on its website.

     This resulted in a net drain of CNY40 billion for the day, as a total ofCNY40 billion in reverse repos mature on Wednesday.

     The PBOC said liquidity conditions in the banking system are at a"relatively high" level as increased fiscal spending towards month-end wereoffsetting the impact of maturing reverse repos.

     The CFETS-ICAP money-market sentiment index ended at 53 on Tuesday, downfrom 57 at Friday's close. The lower the reading the better the liquidityconditions in the interbank market.

     The benchmark seven-day repo average was last at 2.7631%, compared with3.1477% on Tuesday.

Edited by SHMET

PBOC to inject 50 bln yuan via reverse repos

Date Sep 26 2017 17:52:25

SHANGHAI, Sept 26 (Reuters) - China's central bank will inject 50 billion yuan ($7.55 billion) into money markets on Tuesday, traders said.

    The People's Bank of China (PBOC) is injecting 40 billion yuan through 14-day reverse bond repurchase agreements, and 10 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 130 billion yuan worth of reverse repos due to mature on Tuesday.

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

Edited by SHMET

PBOC Drains Net CNY80 Billion In OMOs Tuesday

Date Sep 26 2017 17:52:03

BEIJING (MNI) - The People's Bank of China injected CNY40 billion in 14-day reverse repos and CNY10 billion in 28-day reverse repos via open-market operations Tuesday, Wind Information, a Shanghai-based financial data provider,said.

     This resulted in a net drain of CNY80 billion for the day, as a total of CNY130 billion in reverse repos mature on Tuesday.

     The CFETS-ICAP money-market sentiment index rose to 57 on Monday, up from 42 at Friday's close. The lower the reading the better the liquidity conditionsin the interbank market.

     The PBOC also drained CNY80 billion via its OMO on Monday, and explainedthat liquidity from high end-of-month government fiscal spending would offsetthe drain from expiring reverse repos.

     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 2.7999%, compared with3.0680% on Monday.

Edited by SHMET

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.