PBOC drained 35 bn yuan liquidity via open market operation this week
MARKET POLICY & REGULATION
PBOC drained 35 bn yuan liquidity via open market operation this week
MARKET POLICY & REGULATION

PBOC drained 35 bn yuan liquidity via open market operation this week

 

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The People’s Bank of China injects 2 billion yuan liquidity to the banking system via 7-day reverse repo on Friday, with rate unchanged at 1.9%, while 2 billion yuan reverse repo expires, leaving a net zero injection. 

For the week, the central bank injected 18 billion yuan liquidity to the banking system via 7-day reverse repo, while 53 billion yuan reverse repo expires, leaving a net 35 billion yuan drained from the market.