19 August 2019

PBoC sells 8 bln yuan reverse repos, statement says

China’s central bank sold 8 billion yuan (US$1.31 billion) of reverse repurchase agreements on Tuesday to inject liquidity into the interbank market. The People’s Bank of China (PBoC) issued the seven-day securities at a 4.10 percent yield, according to a statement posted on its website. A total of 13 billion yuan of reverse repos are maturing this week.

– Contact HKEJ at [email protected]



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