People’s Bank of China injects a net RMB101 billion of liquidity this week20 September, 2012, 13:54. Posted by Zarathustra
People’s Bank of China today conducts another round of reverse repurchase operation, injecting RMB160 billion of liquidity in the system today.
PBOC conducted a 7-day reverse repo of RMB55 billion at 3.35%, and a 28-day reverse repo of RMB105 billion at 3.6%. The rates remain unchanged for this round of operation.
Overall, the People’s Bank of China has made a net of RMB101 billion of liquidity available for the week after being in a net withdrawal position for 3 weeks.
Source: People’s Bank of China