POLICY
PBOC injects drained net 604 bn yuan liquidity from banking system this week
The People’s Bank of China (PBOC) injects 2 billion yuan liquidity to the banking system via 7-day reverse repo on Friday, while 100 billion yuan reverse repo expires, leaving a net 98 billion yuan drained from the market.
PBOC drains net 248 bn yuan liquidity from banking system via open market operation
The People’s Bank of China (PBOC) injects 2 billion yuan liquidity to the banking system via 7-day reverse repo on Wednesday, with rate unchanged at 1.8%, while 250 billion yuan reverse repo expires, leaving a net 248 billion yuan drained from the market.
