Date
23 November 2017

Central bank halts Thursday repo sales

The People’s Bank of China suspended its regular open market operation Thursday after offering 18 billion yuan (US$2.95 billion) worth of reverse repurchase agreements (repos) on Tuesday. It drained a net 47 billion yuan from the financial system this week, with about 65 billion yuan of reverse repos maturing this week, central bank data shows.

– Contact HKEJ at [email protected]

MY/AC/SK

 

EJI Weekly Newsletter

Please click here to unsubscribe