And let's all join together and wish the People's Bank of China a great weekend!

They'll be back on Monday with another rerference rate for us

OK, in OMOs today too:

People's Bank of China to

  • inject 140 bn yuan via 7 day reverse repos
  • inject 130 bn yuan via 14 day reverse repos

Net injection of 180bn yuan today

For the week as a total, net 60bn yuan drain 40bn yuan injection (correcting this)