PBOC Pours USD13.6 Billion Into Banking System via OMOs
Xu Wei
DATE:  Nov 12 2020
/ SOURCE:  Yicai
PBOC Pours USD13.6 Billion Into Banking System via OMOs PBOC Pours USD13.6 Billion Into Banking System via OMOs

(Yicai Global) Nov. 12 -- The People's Bank of China put CNY90 billion (USD13.6 billion) into the country's financial system via open market operations today.

The central bank conducted seven-day reverse repos worth CNY120 billion (USD18.1 billion) while some CNY30 billion worth of them matured. The bid rate was 2.5 percent, the same as yesterday.

Editor: Emmi Laine

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Keywords:   PBOC,Open market operations