The PBOC conducted 20.0 bln yuan of 7-day reverse repos and 333.0 bln yuan of
overnight reverse repos; with 95.0 bln yuan of 7-day and 503.5 bln yuan of
overnight reverse repos maturing, the central bank recorded a net drain of 245.5
bln yuan on the day. Over the week the PBOC injected 1,088.5 bln yuan via 7-day
reverse repos, 836.5 bln via overnight reverse repos and 500.0 bln via one-year
MLF; with 95.0 bln, 503.5 bln and 600.0 bln maturing respectively, the week saw
a net injection of 1,226.5 bln yuan.