Chinese money market rates continue to rise despite PBOC action


Despite the PBOC injecting 13B yuan ($2.13B) into money markets, one-week repo rates have risen for a ninth day in a row, increasing to a three-month high of 4.947%.

The overnight rate climbed for a fifth consecutive day to a four-month peak of 4.446%.

The Shanghai Composite is -0.2%.

ETFs - Stocks: FXI, GXC, PGJ, YAO, FCHI, PEK, CAF, YXI, XPP, FXP, MCHI, YINN, YANG, TCHI, CHXF, KFYP, HAO, ECNS. Bonds: DSUM, CHLC. Currency: CNY, CYB, FXCH

From other sites
Comments (1)
  • globularinvestor
    , contributor
    Comments (4) | Send Message
     
    seasonal liquidity shortage (EoM). Nothing to see here folks.
    29 Oct 2013, 02:53 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs