Date
17 October 2017

PBoC injects 375 bln yuan via reverse repos this week

The People’s Bank of China (PBoC) has injected a total of 375 billion yuan (US$61.95 billion) into the financial system this week through sale of reverse repurchase agreements, according to data posted the central bank’s website. On Thursday, the PBoC sold 120 billion yuan of reverse repos, adding to the 255 billion yuan of such paper sold on Tuesday. Thursday’s sale comprised 21-day paper priced at 4.7 percent yield.

– Contact HKEJ at [email protected]

MY/JP/RC

 

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