PBOC drained net 691 bn yuan liquidity from market this week
PBOC drained net 691 bn yuan liquidity from market this week

PBOC drained net 691 bn yuan liquidity from market this week

 

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The People’s Bank of China (PBOC) injects 3 billion yuan liquidity to the banking system via 7-day reverse repo on Friday, while 165 billion yuan reverse repo expires, leaving a net 162 billion yuan drained from the market. 

For the week, the central bank injected a total of 36 billion yuan liquidity to the banking system via 7-day reverse repo, while 727 billion yuan reverse repo expired, leaving a net 691 billion yuan drained from the market.