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PBOC Conducts Reverse Repo of RMB51B Today with Net Injection of RMB11.5B
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The People's Bank of China (PBOC) conducted a seven-day reverse repo operation today (17th) in the open market, amounting to RMB51 billion, with the operation rate remaining unchanged at 1.4%.

Today, RMB39.5 billion of reverse repos matured, resulting in a single-day net injection of RMB11.5 billion.

Related NewsOutstanding Loan Growth YoY for Feb in China is 6.0%, lower than the previous value of 6.1%. The forecast was 6%.

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