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PBOC Conducts Reverse Repo of RMB13B Today, Net Withdrawal of RMB11.5B
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The People's Bank of China (PBOC) conducted a seven-day reverse repo operation of RMB13 billion in the open market today (19th), with the operation rate remaining unchanged at 1.4%.

Today, RMB24.5 billion of reverse repos matured, resulting in a single-day net withdrawal of RMB11.5 billion.

Related NewsIndustrial Production YoY for Jan-Feb in China is 6.3%, higher than the previous value of 5.2%. The forecast was 5.1%.

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