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

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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.