Key Points – August Report
China interbank market liquidity conditions remained ample in August, whilst market participants expect further PBOC easing to support sluggish economic growth, the latest MNI Liquidity Conditions Index showed.
- The MNI China Liquidity Condition Index stood 32.6 in August
- The MNI China Economy Condition Index came in at 41.9 in August
- The MNI China PBOC Policy Bias Index was 16.3 in August
The MNI survey collected the opinions of 43 traders with financial institutions operating in China's interbank market, the country's main platform for trading fixed income and currency instruments, and the main funding source for financial institutions. Interviews were conducted from Aug 12 – Aug 23.
