Date
12 December 2017

PBoC sells 100 bln yuan repos, statement says

The People’s Bank of China (PBoC) drained 100 billion yuan (US$16.29 billion) from the financial system Tuesday by selling repurchase agreements (repos), the central bank said in a statement posted on its website. The 28-day repos were priced at a 4.0 percent yield. About 160 billion yuan worth of repos will mature this week, PBoC data shows.

– Contact HKEJ at [email protected]

MY/AC/CG

 

 

EJI Weekly Newsletter

Please click here to unsubscribe