China's Central Bank Makes Huge Cash Injection Today

Published: Jun 2, 2023 11:48

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The People’s Bank of China (PBOC) conducted a 2 billion yuan 7-day reverse repurchase operation today.

The People’s Bank of China (PBOC) conducted a 2 billion yuan 7-day reverse repurchase operation today, and the bid rate was 2.00%. As 5 billion yuan of reverse repurchases expired today, a net 3 billion yuan was injected.

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