CHINA: Central Bank withdraws Liquidity via OMO. 

Feb-07 01:27

You are missing out on very valuable content.

* The PBOC issued CNY183.7bn of 7-day reverse repo at 1.5% in this morning's operations. * Today's...

Historical bullets

MNI: CHINA SETS YUAN CENTRAL PARITY AT 7.1887 WEDS VS 7.1879

Jan-08 01:26
  • CHINA SETS YUAN CENTRAL PARITY AT 7.1887 WEDS VS 7.1879

CNH: USD/CNY Fixing Error To Fresh Wides

Jan-08 01:19

The USD/CNY fixing printed at 7.1887, versus the Bloomberg market consensus of 7.3415. 

  • The fixing error widened to -1528pips, fresh wides going back to early April of last year.
  • The fixing has remained very steady and close to 7.1900, despite a rebound in USD indices over the past 24 hours. Today's upside limit on spot USD/CNY is around 7.3325.
  • USD/CNH has drifted a little higher so far today, but is within recent ranges, last near 7.3435/40.
  • Note coming up in around 40mins is the onshore briefing for the consumer trade in program. 

BOJ: Rinban Purchase Offer

Jan-08 01:13

The BoJ offers to buy a total of Y1.075tn of JGBs from the market:

  • Y300bn worth of JGBs with 1-3 Years until maturity
  • Y300bn worth of JGBs with 3-5 Years until maturity
  • Y325bn worth of JGBs with 5-10 Years until maturity
  • Y150bn worth of JGBs with 10-25 Years until maturity