PBOC Injects USD4.3 Billion Into Financial System via OMOs
Dou Shicong
DATE:  Jul 29 2020
/ SOURCE:  Yicai
PBOC Injects USD4.3 Billion Into Financial System via OMOs PBOC Injects USD4.3 Billion Into Financial System via OMOs

(Yicai Global) July 29 -- The People's Bank of China net injected CNY30 billion (USD4.3 billion) into the financial system via open market operations today hard on the heels of another injection of CNY70 billion yesterday.

The central bank conducted a CNY30 billion seven-day reverse repo at 2.20 percent interest. No previous OMOs matured today.

Editor: Ben Armour

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Keywords:   PBOC,Reverse Repos