Policy

PBOC Injects Net CNY20 Billion In OMOs Monday

Date Dec 11 2017 14:36:35

BEIJING (MNI) - The People's Bank of China injected CNY40 billion inseven-day reverse repos and CNY40 billion in 28-day reverse repos viaopen-market operations Monday, Wind Information, a Shanghai-based financial dataprovider, said.

This resulted in a net injection of CNY20 billion for the day, as a total of CNY60 billion in reverse repos mature on Monday.

     Today is the first day that the PBOC made a net injection of liquidity via its OMOs since Nov. 24.

     A total of CNY480 billion in reverse repos will mature this week. Inaddition, CNY187 billion in Medium-term Lending Facility (MLF) loans will matureon Saturday.

     The CFETS-ICAP money-market sentiment index ended at 47 on Friday, up from 44 at Thursday'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 2.8150%, compared with 2.7180% on Monday.

 

Edited by SHMET

PBOC Skips OMO Friday, Drains CNY10 Bln

Date Dec 08 2017 14:42:24

     BEIJING (MNI) - The People's Bank of China skipped its open-marketoperations Friday, saying liquidity in the banking system in general is at aproper level.

     This resulted in a net drain of CNY10 billion for the day, as a total ofCNY10 billion in reverse repos mature on Friday.

     The PBOC has drained a net CNY510 billion via OMOs this week as it skippedopen market operations today and each of the first three trading days of theweek.

     The net drain is the highest in 10 months, compared with a net drain ofCNY40 billion last week.

     On Wednesday, the PBOC injected CNY188 billion in one-year Medium-termLending Facility (MLFs) loans at an unchanged interest rate of 3.2%. Theoperation did not add or drain liquidity, as a total of CNY188 billion in MLFloans matured Wednesday.

     An additional CNY187 billion in MLF loans will mature on Dec. 16.

     The CFETS-ICAP money-market sentiment index ended at 44 on Thursday, upfrom 42 at Wednesday's close. The lower the reading the better the liquidityconditions in the interbank market.

     The benchmark seven-day repo average was last at 2.6646%, compared with2.8051% on Thursday.

 

Edited by SHMET

MNI: PBOC Injects CNY270 Bln In OMOs Thu; Liquidity Unchanged

Date Dec 07 2017 14:28:21
    BEIJING (MNI) - The People's Bank of China injected CNY120 billion inseven-day reverse repos, CNY50 billion in 14-day reverse repos and CNY100billion in 28-day reverse repos via open-market operations Thursday, accordingto Wind Information, a Shanghai-based financial data provider.

     This resulted in no net injection/drain for the day, as a total of CNY270billion in reverse repos mature on Thursday.

     The PBOC has drained a net CNY420 billion via OMOs so far this week as itskipped open market operations in each of he first three trading days of theweek.

     On Wednesday, the PBOC injected CNY188 billion in one-year Medium-termLending Facility (MLFs) loans at an unchanged interest rate of 3.2%. Theoperation did not add or drain liquidity, as a  total of CNY188 billion in MLFloans matured Wednesday.

     An additional CNY187 billion in MLF loans will mature on Dec. 16.

     The CFETS-ICAP money-market sentiment index ended at 42 on Wednesday, upfrom 36 at Tuesday'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 2.6576%, compared with2.7624% on Wednesday.

Edited by SHMET

PBOC Injects CNY188 Bln In MLFs Wed; Drains CNY160 Bln

Date Dec 06 2017 14:17:18

     BEIJING (MNI) - The People's Bank of China injected CNY188 billion in one-year Medium-term Lending Facility (MLFs) loans on Wednesday and skipped its open market operations.

     This resulted in a net drain of CNY160 billion for the day from the banking system, as a total of CNY188 billion in MLF loans and CNY160 billion in reverse repos mature on Wednesday.

     An additional amount of CNY187 billion in MLF loans will mature on Dec. 16.

     The CFETS-ICAP money-market sentiment index ended at 36 on Tuesday, barely changed from 37 at Monday's close. The lower the reading the better the liquidity conditions in the interbank market.

     The benchmark seven-day repo average was last at 2.6613%, compared with 2.7868% on Tuesday.

 

Edited by SHMET

PBOC to skip OMO on Friday, drains a net 40 bln yuan for the week

Date Dec 01 2017 14:27:51

    SHANGHAI, Dec 1 (Reuters) - China's central bank said it will skip open market operations on Friday, as liquidity in the banking system was "relatively high". 

    For the week, the People's Bank of China (PBOC) will drain a net 40 billion yuan ($6.05 billion) from the market, compared with a net injection of 150 billion yuan a week earlier.

    Following is a summary of the volume of the PBOC's open market operations and maturing bills, repos and reverse repos for the week (in billions of yuan).

Edited by SHMET
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