CHINA: Central Bank Injects CNY77bn via OMO
May-09 01:24
- The PBOC issued CNY77 bn of 7-day reverse repo at 1.4%*** during this morning’s operations.
- Today’s maturities Nil
- Net liquidity injected CNY77 bn.
- 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 yesterday’s close of 1.61%.
- The China overnight interbank repo rate is at 1.49%, from the prior close of 1.55%.
- The China 7-day interbank repo rate is at 1.40%, from the prior close of 1.63%.
*** The PBOC announced a cut to the 7-day reverse repo rate to 1.4% starting from 8th May
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MNI: CHINA PBOC CONDUCTS CNY118.9 BLN VIA 7-DAY REVERSE REPO WEDS
Apr-09 01:21
- CHINA PBOC CONDUCTS CNY118.9 BLN VIA 7-DAY REVERSE REPO WEDS
CNY: CNY Fix Lower than Estimates.
Apr-09 01:20
The USD/CNY fix printed at 7.2066, versus a BBG market consensus of 7.3387.
- The USD/CNY fix was little higher versus yesterday’s fix of 7.2038. The fixing error was -1321pips today
- USD/CNH has gained +0.516% at 7.3867 in morning’s trading.
CHINA SETS YUAN CENTRAL PARITY AT 7.2066 WEDS VS 7.2038
Apr-09 01:16
- CHINA SETS YUAN CENTRAL PARITY AT 7.2066 WEDS VS 7.2038
