Policy

PBOC Injects Net CNY180 Billion In OMOs Friday

Date 1/12/2018 2:31:11 PM

   BEIJING (MNI) - The People's Bank of China injected CNY140 billion in

seven-day reverse repos and CNY130 billion in 14-day reverse repos via

open-market operations Friday, according to Wind Information, a Shanghai-based

financial data provider.

     This resulted in a net injection of CNY180 billion, as a total of CNY90

billion in reverse repos mature on Friday.

     The PBOC has injected a net of CNY40 billion via its open market operations

this week.

     The CFETS-ICAP money-market sentiment index ended at 52 on Thursday, up

from 47 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 2.6585%, compared with

2.9376% on Thursday.

 

 

Edited by SHMET