• People’s Bank of China sets yuan mid-point at 6.1335 (last close 6.2480)
  • PBOC injects 55 bln yuan for week versus 50 bln yuan injection previous week
  • To inject 45 bln yuan via 28-day reverse repos today
  • 7-day repo opens at 3.87% vs. 3.9227% weighted average previous close