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PBOC Conducts 7-/ 14-day Reverse Repos, Withdraws RMB146B
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The People's Bank of China (PBOC) conducted today (6th) a seven-day reverse repo operation of RMB31.5 billion in the open market, with the operation rate remaining unchanged at 1.4%. Besides, it conducted a 14-day reverse repo operation of RMB300 billion. Today, RMB477.5 billion of reverse repos matured, resulting in a single-day net withdrawal of RMB146 billion. AASTOCKS Financial News Website: www.aastocks.com |
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