PBOC conducted CNY 231.5 bln of 7-day reverse repos today; with no reverse-repo
maturities, net injection was CNY 231.5 bln. This week the PBOC supplied CNY
2,265.5 bln of 7-day reverse repos and CNY 500.0 bln of 1-year MLF; maturities
totaled CNY 1,935.8 bln of 7-day reverse repos and CNY 300.0 bln of 1-year MLF,
yielding an aggregate net injection of CNY 529.7 bln for the week.