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PBOC Conducts RMB500 million Reverse Repo, Drains RMB26.5 billion Net in Single Day
The PBOC conducted a seven-day reverse repo operation of RMB500 million in the open market today (14th), with the operation rate unchanged at 1.4%. Meanwhile, RMB27 billion of reve...
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PBOC Conducts RMB500 million Reverse Repo, Drains RMB26.5 billion Net in Single Day
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The PBOC conducted a seven-day reverse repo operation of RMB500 million in the open market today (14th), with the operation rate unchanged at 1.4%. Meanwhile, RMB27 billion of reverse repos matured, resulting in a single-day net liquidity drain of RMB26.5 billion. (jl/da)

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