The PBOC injected liquidity again today as repo rates edged higher again after a weak start to the week and CGB yields edging marginally higher Monday.
The PBOC issued CNY153 bn of 7-day reverse repo at 1.4% during this morning's operations.
Total maturities today CNY0.2bn
Net Liquidity injection CNY152.8bn
The PBOC monitors and maintains liquidity in the interbank system through the issuance of reverse repo.
The CFETS Daily Pledged Repo DR007 Wgtd Rate is at 1.4169%, from prior close of 1.4031 %.
The China overnight interbank repo rate is at 1.4538%, from the prior close of 1.3769%.
The China 7-day interbank repo rate is at 1.4169%, from the prior close of 1.4018%.