The People’s Bank of China injects 479 billion yuan liquidity to the banking system via 7-day reverse repo on Friday, with the rate unchanged at 1.5%, while 635 billion yuan reverse repo expires, leaving a net 156.1 billion yuan drained from the market.
For the week, the PBOC injected a total of 1.4862 trillion yuan of liquidity via 7-day reverser repo and 900 billion yuan via one-year Medium-Term Lending Facility, while 1.8682 trillion yuan reverse repo expired, leaving a net 518 billion yuan of injection.