The PBOC conducted CNY95 billion of overnight reverse repos today; with no
reverse-repo maturities, today’s net injection was CNY95 billion. For the week
the PBOC conducted CNY1.458 trillion of reverse repos; CNY18 billion of 7-day
reverse repos and CNY1.712 trillion of overnight reverse repos matured, leaving
a reported net withdrawal of CNY212 billion for the week.