PBOC Drains USD16.7 Billion of Liquidity From Financial System via OMOs
Zhang Yushuo
DATE:  Dec 02 2020
/ SOURCE:  Yicai
PBOC Drains USD16.7 Billion of Liquidity From Financial System via OMOs PBOC Drains USD16.7 Billion of Liquidity From Financial System via OMOs

(Yicai Global) Dec. 2 -- The People’s Bank of China tightened the banking system's liquidity by CNY110 billion (USD16.7 billion) via open market operations today as it carried out CNY10 billion (USD1.5 billion) in seven-day reverse repos against a maturing tally of CNY120 billion.

Editor: Emmi Laine

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Keywords:   OMO