Home PBOC Open Market Operations inject 20 billion yuan, offsetting 160 billion expiry

PBOC Open Market Operations inject 20 billion yuan, offsetting 160 billion expiry

Published date: 24 Dec. 2018 | 02:37

The People’s Bank of China (PBoC) injected 20 billion yuan in Open Market Operations via 14-day RRs, though with 160 billion yuan in previous RRs maturing on the day, the 20 billion yuan injection yields a net 140 billion drain on the day’s balance.

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