Key Points – September 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.
China interbank money market traders see the PBOC maintaining a tighter stance on liquidity provision in Q4, MNI ’s China Money Market survey showed. -
- The MNI China Money Market Index was a shade higher in September as traders sighter conditions.
- The MNI China Money Market Current Conditions Index were higher in September ahead of the National Holidays in October.
- The MNI China Economic Outlook Index fell sharply in September as sentiment soured.
The MNI survey collected the opinions of 49 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 September 8 to 18.