PBOC Resumes Reverse Repurchase, Net Injection Hits 2-Month High

Published: Aug 16, 2017 13:56

Save

The People’s Bank of China (PBOC) resumed reverse repurchase today, leading to net capital injection in open market.

SHANGHAI, Aug. 16 (SMM) – The People’s Bank of China (PBOC) resumed reverse repurchase today, leading to net capital injection in open market.

Net injection reached 180 billion yuan considering the 100 billion yuan of reverse repurchase coming due today, which is the highest from June 7, 2017.

NBS: High Temperature and Flooding Slows Down Industrial Growth in July

The PBOC announced August 16 it implemented 280 billion yuan in reverse repurchase through interest rate bid solicitation, so as to offset effects on bank liquidity from tax calendar and its reverse repurchase coming due.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

People’s Bank of China (PBOC)reverse repurchase capital injection macroeconomy

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 min ago

Qingyuan Xiangzhan Metal Trading Co., Ltd. supports SMM in creating the "2026 Global Secondary Copper Industry Distribution Map"

1 min ago

41 mins ago

Copper Foil Operating Rates Rise in May 2026, Driven by Energy Storage and AI Demand

[SMM Copper Foil Monthly Operating Rate] In May 2026, the electronic circuit copper foil operating rate was 89.57%, up 1.14 percentage points MoM and up 13.96 percentage points YoY; the lithium battery copper foil operating rate was 90.68%, up 0.25 percentage points MoM and up 20.29 percentage points YoY. Affected by the grid connection deadline (June 30), energy storage projects experienced concentrated installation rush, together with high production schedules of power batteries, leading to steady release of lithium battery copper foil demand. Robust demand from the AI computing power industry drove the industry capacity upgrade toward high-end specifications, effectively boosting electronic circuit copper foil demand.

41 mins ago

China's Copper Foil Enterprises See Increased Operating Rates in May 2026

[SMM Copper Foil Monthly Operating Rate] In May 2026, the overall operating rate of copper foil enterprises in China was 90.31%, up 0.56 percentage points MoM and up 18.15 percentage points YoY. Among them, the operating rate of large enterprises was 93.38%, medium-sized enterprises 74.88%, and small enterprises 79.85%.

41 mins ago