Key Points – March Report
Introducing the updated MNI China Money Market Index (MMI), formerly the MNI China Liquidity Index, which has been adapted to reflect the PBOC's monetary policy.
Chinese money market traders saw liquidity conditions easier in March and again in April, the latest MNI Money Market Index showed.
- The MNI China Money Market Index suggested easier conditions in March as the PBOC looked to boost the economy
- The MNI China Money Market Current Conditions Index fell in March as conditions improved.
- The MNI China Economic Outlook Index edged higher in March.
The MNI survey collected the opinions of 44 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 Mar 10 to Mar 21.
