PBOC conducted CNY60 bln of 7-day reverse repos today; CNY2 bln of 7-day reverse
repos matured, resulting in a net injection of CNY58 bln. For the week the PBOC
conducted CNY276 bln of 7-day reverse repos and CNY700 bln of outright reverse
repos; with CNY2 bln of 7-day, CNY300 bln of 14-day and CNY500 bln of outright
repos maturing, the week’s net injection totaled CNY174 bln.