PBOC Net Capital Injection Reaches 100 Bln Yuan

Published: Sep 14, 2017 10:11

Save

Net capital injection by the People’s Bank of China (PBOC) will reach 100 billion yuan today.

SHANGHAI, Sept. 14 (SMM) - Net capital injection by the People’s Bank of China (PBOC) will reach 100 billion yuan today.

The PBOC will implement 60 billion yuan in 7-day reverse repurchase on September 14, 30 billion yuan in 14-day reverse repurchase and 10 billion yuan in 28-day reverse repurchase.

China Electric Generation Rises January-August

No reverse repurchase will come due today in the open market.

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.

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

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 to learn 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

2 hours ago

Inventory Hit a New Low for the Year with Premiums Staying High, but Beware of Weakening Consumption Dragging Down Premiums [SMM South China Copper Cathode Spot Weekly Review]

2 hours ago

Inventory and Copper Prices Both Declined, Spot Trades Better Than Yesterday [SMM South China Spot Copper]

2 hours ago

Shanghai Copper Market to Stay Strong Amid Tight Supply and Rigid Demand

The Shanghai spot copper market is expected to remain relatively strong tomorrow. In Jiangsu, available spot cargo remains tight, making procurement difficult for some downstream buyers and supporting spot premiums. The inter-month Contango spread has widened, strengthening suppliers' willingness to hold positions for delivery and reducing lower-price selling. Despite cautious downstream buying after the recent price pullback, rigid restocking demand persists. Overall, spot premiums against SHFE copper 2604 are expected to hold current levels.

2 hours ago