PBOC conducted CNY463.3 bln of 7-day reverse repos and CNY100.0 bln of 14-day
reverse repos today. With CNY4.0 bln of 7-day repos and CNY600.0 bln of
overnight repos maturing, the central bank registered a CNY4.0 bln net
withdrawal today. Over the week PBOC carried out CNY735.3 bln of 7-day reverse
repos, CNY100.0 bln of 14-day reverse repos and CNY500.0 bln of outright reverse
repos; with CNY8.5 bln of 7-day and CNY500.0 bln of outright repos maturing, the
week saw a net injection of CNY826.8 bln.
