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China Makes Huge Cash Injection Today

Published: May 10, 2023 17:16
The People’s Bank of China (PBOC) conducted a 2 billion yuan 7-day reverse repurchase operation today, and the winning bid rate was 2.00%.

The People’s Bank of China (PBOC) conducted a 2 billion yuan 7-day reverse repurchase operation today, and the winning bid rate was 2.00%.

Since no reverse repurchase expired today, a net 2 billion yuan was injected today.

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Macro economy

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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