People’s Bank of China injects RMB117 billion of liquidity through open market operation6 December, 2012, 13:41. Posted by Zarathustra
People’s Bank of China continues with the routine operation, injection RMB117 billion of liquidity to the system today.
Today’s operation includes RMB45 billion of 7-day reverse repo at 3.35% and RMB72 billion of 28-day reverse repo at 3.60%. Rates are unchanged.
For the week, PBOC has injected a net RMB11 billion of liquidity to the banking system, the first net injection after 4 consecutive weeks of net withdrawal of liquidity.