September 13, 2012 / 3:16 AM / 5 years ago

TABLE-PBOC weekly open market operations at a glance

SHANGHAI, Sept 13 (Reuters) - The People's Bank of China (PBOC) conducted a
net drain of 8 billion yuan ($1.26 billion) from the banking system this week,
according to Reuters' calculations. 
    The PBOC has injected a net total of 865 billion yuan so far this year via
its regular open market operations. 
    The central bank also reduced banks' required reserve ratio twice, in
February and again in May, injecting an estimated 800 billion yuan into the
banking system.
    Last year it injected a net 1.907 trillion yuan into the market through open
market operations, which was largely offset by mandated increases in banks'
required reserves. 
    For a table on the PBOC's open market operations in 2011, click:
ID:nL3E7NT18L]
    For information on changes in required reserve ratios, click: 
    For information on changes in deposit interest rates, click: 
    For information on changes in loan interest rates, click: 
    Following is a summary of the PBOC's weekly open market operations this year
(in billions of yuan): 
    
 Week      Bills    Repos    Reverse  Bills   Repos   Reverse   Net drain
 starting  matured  matured  repos    issued  issued  repos     (-) or
                             issued*                  matured*  injection
 Sep-10         10       15      132                       165         -8
 Sep-3           3       20      135                       210        -52
 Aug-27          1       30      165                       250        -54
 Aug-20          3       30      365                       120        278
 Aug-13          5       30      140                       100         75
 Aug-6           2               100                        58         44
 Jul-30          1                58                       145        -86
 Jul-23          1               145                       100         46
 Jul-16          5       40      100                       205        -60
 Jul-9          11       57       60                       168        -40
 Jul-2           2       35      188                                  225
 Jun-25          3       70      125                                  198
 Jun-18          0       80                       25                   55
 Jun-11          1       80                       45                   36
 Jun-4           2       50                       50                    2
 May-28          3       20                       80                  -57
 May-21          3        9                       90                  -78
 May-14          7       43                                114        -64
 May-7          30       72                                 61         41
 Apr-30         52                65                                  117
 Apr-23          3       70                        9                   64
 Apr-16         55       50                       53                   52
 Apr-9         125       66                       79                  112
 Apr-2           0       30                        5                   25
 Mar-26         99       10                       90                   19
 Mar-19         51        0                       70                  -19
 Mar-12         13       16                       86                  -57
 Mar-5           7       56                       60                    3
 Feb-27          2                                30                  -28
 Feb-20          2                                                      2
 Feb-13          7                                16                   -9
 Feb-6           2                                46                  -44
 Jan-30          1                                         352       -351
 Jan-22          1                                                      1
 Jan-16          1               352                                  353
 Jan-9           8       65                                            73
 Jan-2           1       50                                            51
                                                                         
 TOTAL                                                                865
 
    
* Reverse repos inject funds on issuance and drain funds on maturity.  
    Note: Reuters calculations of maturing bills and repos count any debt
maturing on the weekend as maturing the following week, as that is when banks
receive the cash.

($1 = 6.34 Chinese yuan)

 (Reporting by Chen Yixin and Pete Sweeney; Editing by Ram Mohan)

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