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The PBOC Withdraws A Net 45 Billion Yuan from Open Market

iconMar 23, 2023 11:02
Source:SMM
The PBOC conducted a 64 billion yuan 7-day reverse repurchase operation today March 23, and the winning bid rate was 2.00%, which was the same as before.

The PBOC conducted a 64 billion yuan 7-day reverse repurchase operation today March 23, and the winning bid rate was 2.00%, which was the same as before. As 109 billion yuan of 7-day reverse repurchases expired today, a net withdrawal of 45 billion yuan was realized.

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