China’s Central Bank Makes Huge Liquidity Injection Into Open Market

Published: Sep 27, 2023 16:24
People's Bank of China conducted a 378 billion yuan 14-day reverse repurchase operation today, with a winning bid rate of 1.95%, the same as before.

People's Bank of China conducted a 378 billion yuan 14-day reverse repurchase operation today, with a winning bid rate of 1.95%, the same as before. As 208 billion yuan of reverse repos expired today, a net liquidity injection of 170 billion yuan was achieved.

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