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PBOC Conducts Reverse Repo of RMB44.8B Today, Net Withdrawal of RMB224.2B
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The People's Bank of China (PBOC) conducted a seven-day reverse repo of RMB44.8 billion today (6th) in the open market, with the operation rate remaining at 1.4%. Today, RMB269 billion of reverse repos matured, resulting in a single-day net withdrawal of RMB224.2 billion. Additionally, an RMB800 billion outright reverse repo will be conducted today. AASTOCKS Financial News Website: www.aastocks.com |
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