Policy

MNI: PBOC Drains Net CNY80 Billion In OMOs Friday

Date Dec 22 2017 17:09:16
BEIJING (MNI) - The People's Bank of China skipped its open-market
operations on Friday, saying that the liquidity conditions in the banking system
was at a "relatively high" level, given an increase in fiscal spending toward
the year-end that can hedge the impact of maturing reverse repos and push up the
banking system liquidity level.

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

     The PBOC has injected a total of CNY200 billion into the banking system via
its reverse repos this week.

     The CFETS-ICAP money-market sentiment index ended at 41 on Thursday, down
from 44 at Wednesday's close. The lower the reading the better the liquidity
conditions in the interbank market.

     The benchmark seven-day repo average was last at 2.6688%, compared with
2.8214% on Thursday.

Edited by SHMET

PBOC Drains Net CNY10 Billion In OMOs Thursday

Date Dec 21 2017 16:43:21

     BEIJING (MNI) - The People's Bank of China injected CNY30 billion inseven-day reverse repos, CNY30 billion in 14-day reverse repos and CNY10 billion in 28-day reverse repos via open-market operations Thursday, Wind Information, a Shanghai-based financial data provider, said.

     This resulted in a net drain of CNY10 billion for the day, as a total of CNY80 billion in reverse repos mature on Thursday.

     This is the first time that the PBOC has drained liquidity via its reverserepos since last Thursday.

     The CFETS-ICAP money-market sentiment index ended at 44 on Wednesday, downfrom 46 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 9:45 a.m. Beijing time.

     The benchmark seven-day repo average was last at 2.6701%, compared with 2.9024% on Wednesday.

 

Edited by SHMET

PBOC Injects Net CNY10 Billion In OMOs Wednesday

Date Dec 20 2017 15:06:43

     BEIJING (MNI) - The People's Bank of China injected CNY40 billion inseven-day reverse repos, CNY30 billion in 14-day reverse repos and CNY10 billionin 28-day reverse repos via open-market operations Wednesday, Wind Information,a Shanghai-based financial data provider, said.

     This resulted in a net injection of CNY10 billion for the day, as a totalof CNY70 billion in reverse repos mature on Wednesday.

     The CFETS-ICAP money-market sentiment index ended at 46 on Tuesday, downfrom 50 at Monday'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 9:45 a.m. Beijing time.

     The benchmark seven-day repo average was last at 2.6835%, compared with

2.9024% on Tuesday.

 

Edited by SHMET

PBOC Injects Net CNY20 Billion In OMOs Tuesday

Date Dec 19 2017 17:00:32

BEIJING (MNI) - The People's Bank of China injected CNY50 billion in seven-day reverse repos, CNY30 billion in 14-day reverse repos and CNY20 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 injection of CNY20 billion for the day, as a total of CNY80 billion in reverse repos mature on Tuesday.

The CFETS-ICAP money-market sentiment index ended at 50 on Monday, up from 42 at Friday'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 9:45 a.m., Beijing time.

The benchmark seven-day repo average was last at 2.6731%, compared with 2.9157% on Monday.

 

 

Edited by SHMET

PBOC Injects Net CNY20 Billion In OMOs Tuesday

Date Dec 19 2017 11:29:03

BEIJING (MNI) - The People's Bank of China injected CNY50 billion in seven-day reverse repos, CNY30 billion in 14-day reverse repos and CNY20 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 injection of CNY20 billion for the day, as a total of CNY80 billion in reverse repos mature on Tuesday.

The CFETS-ICAP money-market sentiment index ended at 50 on Monday, up from 42 at Friday'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 9:45 a.m., Beijing time.

The benchmark seven-day repo average was last at 2.6731%, compared with 2.9157% on Monday.

 

Edited by SHMET
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