In OMOs, People's Bank of China:

  • To inject 40 bn yuan through 7 day reverse repos
  • To inject 20 bn yuan through 14 day reverse repos
  • To inject 20 bn yuan through 63-day RRss

Net 50bn yuan injection today

For the week, drain of 230bn yuan via open market operations (110 bn yuan drain last week)

more to come