The People's Bank of China (PBOC) conducted a 7-day reverse repo operation of RMB202.5 billion today (13th), with the operation rate remaining unchanged at 1.4%. With RMB135 billion of reverse repos maturing today, the net injection for the day was RMB67.5 billion. Related NewsInflation Rate YoY for May in China is -0.1%, unchanged from its last period. The forecast was -0.2%.