People's Bank of China injects 50bn yuan via 7-day reverse repos

  • 10bn RRs mature today

  • thus net 40bn injection

I posted the above in the yuan setting post just repeating it here as the OMO info comes out a good few minutes after the setting inof. So, ICYMI.

A relatively hefty injection today from the PBOC. Eyes on month-end liquidity provision I suspect.