(Yicai Global) Dec. 23 -- The People's Bank of China pumped CNY100 billion (USD15.3 billion) into the financial system via an open market operation today, following another injection of CNY120 billion yesterday.

The central bank conducted CNY100 billion 14-day reverse repos at an interest rate of 2.35 percent, as well as CNY10 billion seven-day reverse repos at 2.20 percent. Some CNY10 billion worth of previous ones also matured today.

The PBOC has injected a total of CNY310 billion in the first three days of this week, as cash flow demand is expected to rise at year’s end.

Editor: Ben Armour