PBOC injects 704 bn yuan liquidity via open market operation this week
PBOC injects 704 bn yuan liquidity via open market operation this week

PBOC injects 704 bn yuan liquidity via open market operation this week

The People's Bank of China (PBOC) injects 2 billion yuan liquidity to the banking system via 7-day reverse repo and 203 billion yuan liquidity via 14-day reverse repo on Friday, while 41 billion yuan reverse repo, leaving a net injection of 164 billion yuan.

For the week, the central bank injected 39 billion yuan via 7-day reverse repo and 714 billion yuan via 14-day reverse repo, while 49 billion yuan reverse repo expired, leaving a net 704 billion yuan of injection.

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