Policy

PBOC to inject 180 bln yuan via reverse repos –traders CHINA CBANK INJECTS 10 BLN YUAN THROUGH 63 DA

Date Nov 21 2017 13:47:21
    SHANGHAI, Nov 21 (Reuters) - China's central bank will inject 180 billion yuan ($27.15 billion) into money markets on Tuesday, traders said.

    The People's Bank of China (PBOC) is injecting 130 billion yuan through seven-day reverse bond repurchase agreements, 40 billion yuan through 14-day reverse repos and 10 billion yuan through 63-day reverse repos, they said.

    On a net basis, the PBOC will inject 10 billion yuan into the market via open market operations for the day, with 170 billion yuan worth of reverse repos due to mature on Tuesday.

    The PBOC injected a net 810 billion yuan into the money market last week.

($1 = 6.6300 Chinese yuan)

 

Edited by SHMET

PBOC Drains Net CNY10 Billion In OMOs Friday

Date Nov 17 2017 11:41:21

BEIJING (MNI) - The People's Bank of China injected CNY10 billion in seven-day reverse repos, CNY10 billion in 14-day reverse repos and CNY10 billion in 63-day reverse repos via open-market operations Friday, Wind Information, a Shanghai-based financial data provider, said.

This resulted in a net drain of CNY10 billion for the day, ending four consecutive trading days that PBOC made net injections, as a total of CNY40 billion in reverse repos mature on Friday.

The PBOC has injected a total of CNY810 billion via its open-market operations this week, the largest since the week of Jan. 14-20 this year. A total of CNY122.5 billion in Medium-term Lending Facility (MLF) loans matured on Thursday.

A total of CNY80 billion in treasury deposits mature on Friday, while the Ministry of Finance will deposit CNY120 billion into the banking system on Friday.

The CFETS-ICAP money-market sentiment index ended at 47 on Thursday, up from 43 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 9:45 a.m., Beijing time.

The benchmark seven-day repo average was last at 2.6501%, compared with 2.8874% on Thursday.

 

 

Edited by SHMET

PBOC Injects Net CNY310 Billion In OMOs Thursday

Date Nov 16 2017 17:33:17
     BEIJING (MNI) - The People's Bank of China injected CNY160 billion in seven-day reverse repos, CNY140 billion in 14-day reverse repos and CNY30 billion in 63-day reverse repos via open-market operations Thursday, Wind Information, a Shanghai-based financial data provider, said.

     This resulted in a net injection of CNY310 billion for the day, as a total of CNY20 billion in reverse repos mature on Thursday.

     A total of CNY122.5 billion in Medium-term Lending Facility (MLF) loans mature on Thursday. Taking account if the maturing MLF loans, the PBOC injected a net of CNY187.5 billion into the banking system on Thursday.

     The PBOC has injected a net CNY820 billion in liquidity into the interbank market via its open market operations so far this week. The PBOC explained in a statement Wednesday that it was trying to offset the impact of lower liquidity from government bond purchases, tax payments, bank reserve requirement payments and expiring reverse repos to keep liquidity basically stable.

     The CFETS-ICAP money-market sentiment index ended at 43 on Wednesday, down from 51 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 2.6952%, compared with 2.9759% on Wednesday.

Edited by SHMET

MNI: PBOC Injects Net CNY220 Billion In OMOs Wednesday

Date Nov 15 2017 17:40:55

     BEIJING (MNI) - The People's Bank of China injected CNY160 billion inseven-day reverse repos, CNY140 billion in 14-day reverse repos and CNY30billion in 63-day reverse repos via open-market operations Wednesday,WallstreetCN, a financial news provider, said.

     This resulted in a net injection of CNY220 billion for the day, as a totalof CNY110 billion in reverse repos mature on Wednesday.

     The PBOC has injected a net CNY510 billion in liquidity into the interbank market so far this week. The PBOC explained in a statement Tuesday that it wastrying to offset the impact of lower liquidity from government bond purchasesand expiring reverse repos to keep liquidity basically stable.

     A total of CNY340 billion in reverse repos mature this week. In addition,CNY66.5 billion in Medium-term Lending Facility (MLF) loans matured on Monday, another CNY122.5 billion in MLF loans will mature Thursday, while CNY80 billionin treasury deposits will mature Friday.

     The CFETS-ICAP money-market sentiment index ended at 51 on Tuesday, thesame as the 51 reading at Monday's close. The lower the reading the better theliquidity conditions 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 2.6507%, compared with 2.9431% on Monday.

 

Edited by SHMET

MNI: PBOC Injects Net CNY140 Billion In OMOs Tuesday

Date Nov 14 2017 15:51:58
     BEIJING (MNI) - The People's Bank of China injected CNY130 billion in seven-day reverse repos, CNY120 billion in 14-day reverse repos and CNY30 billion in 63-day reverse repos via open-market operations Tuesday, Wind Information, a Shanghai-based financial data provider, said.

     This resulted in a net injection of CNY140 billion for the day, as a totalof CNY140 billion in reverse repos mature on Tuesday.

     The CFETS-ICAP money-market sentiment index ended at 51 on Monday, up from 47 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 9:45a.m., Beijing time.

     The benchmark seven-day repo average was last at 2.6624%, compared with 2.9430% on Monday.

Edited by SHMET
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