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PBOC to Conduct RMB500B Outright Reverse Repo Tmr
In order to maintain ample liquidity in the banking system, the People's Bank of China (PBOC) will conduct an outright reverse repo operation of RMB500 billion tomorrow (5th) t...
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In order to maintain ample liquidity in the banking system, the People's Bank of China (PBOC) will conduct an outright reverse repo operation of RMB500 billion tomorrow (5th) through a fixed-quantity, interest rate tender with multiple price allocations. The operation will have a tenor of three months and will mature on September 5.

Related NewsExports YoY for May in China is 19.4%, higher than the previous value of 14.1%. The forecast was 15%.

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