PBOC Pours USD24.1 Billion Into Banking System via OMOs
Xu Wei
DATE:  Nov 13 2020
/ SOURCE:  Yicai
PBOC Pours USD24.1 Billion Into Banking System via OMOs PBOC Pours USD24.1 Billion Into Banking System via OMOs

(Yicai Global) Nov. 13 -- The People's Bank of China put CNY160 billion (USD24.1 billion) into the country's financial system this morning, completing a liquidity injection of CNY230 billion for this week.

The central bank conducted seven-day reverse repos to the tune of CNY160 billion, while no previous ones matured. The bid rate was 2.2 percent, the same as yesterday.

Editor: Emmi Laine

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Keywords:   OMOs,Reverse repos,PBOC