People’s Bank of China injects RMB117 billion of liquidity through open market operation
6 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.
Source: PBOC
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About Zarathustra
Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.