CHINA: Central Bank Injects CNY110bn via OMO.
Nov-20 01:27
Repo rates have moderated again as the PBOC injected further liquidity today.
The PBOC announced this morning that will auction CNY120bn of 1-month MOF deposit on November 24 and CNY80bn of 21-day MOF deposit on November 24.
- The PBOC issued CNY300bn of 7-day reverse repo at 1.4% during this morning's operations.
- Today's maturities CNY190bn.
- Net liquidity injection CNY110bn.
- The PBOC monitors and maintains liquidity in the interbank system through the issuance of reverse repo.
- The CFETS Pledged Repo Deposit Institutions 7 Day Weighted is at 1.40%, from prior close of 1.51%.
- The China overnight interbank repo rate is at 1.35%, from the prior close of 1.40%.
- The China 7-day interbank repo rate is at 1.50%, from the prior close of 1.51%.
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