SHANGHAI :
PBOC Injects USD13 Billion Into China's Banking System Via OMOs
Dou Shicong
DATE:  Jun 13 2019
/ SOURCE:  yicai
PBOC Injects USD13 Billion Into China's Banking System Via OMOs PBOC Injects USD13 Billion Into China's Banking System Via OMOs

(Yicai Global) June 13 -- The People's Bank of China injected CNY90 billion (USD13 billion) into the financial system via open market operations today.

The central bank conducted a 2.85 percent 28-day reverse repo of CNY100 billion this morning, against CNY10 billion worth of those maturing.

The central bank conducted 28-day reverse repo for straight two days after suspension for 5 months, offering more long term liquidity to banks. 

Editor: William Clegg

Follow Yicai Global on
Keywords:   PBOC,Reverse Repo