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PBOC Conducts Net Injection of RMB9.9B Today, Initiates RMB1.1T Outright Reverse Repo
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The People's Bank of China (PBOC) conducted today (8th) an RMB9.9 billion 7-day reverse repo operation in the open market at an unchanged interest rate of 1.4%. There are no reverse repos maturing today, resulting in a single-day net injection of RMB9.9 billion. On the same day, the PBOC conducted an RMB1.1 trillion outright reverse repo through fixed quantity, interest rate bidding, and multiple price bidding methods, with a term of three months (90 days). AASTOCKS Financial News Website: www.aastocks.com |
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