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PBOC Conducts Reverse Repo of RMB34B Today with No Maturities
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The People's Bank of China (PBOC) conducted today (9th) a RMB34 billion seven-day reverse repurchase operation in the open market, with the operation rate remaining unchanged at 1.4%. There are no reverse repos maturing today, resulting in a single-day net injection of RMB34 billion.

Additionally, RMB60 billion in treasury cash deposits mature today.

Related NewsPPI YoY for Dec in China is -1.9%, higher than the previous value of -2.2%. The forecast was -2%.
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