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

Published: Sep 22, 2023 17:59

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People's Bank of China conducted a 169 billion yuan 7-day reverse repurchase operation today, with a winning bid rate of 1.80%, the same as before.

People's Bank of China conducted a 169 billion yuan 7-day reverse repurchase operation today, with a winning bid rate of 1.80%, the same as before. Besides, it also conducted an 82 billion yuan 14-day reverse repurchase operation, with a winning bid rate of 1.95 %, the same as before. As 110 billion yuan of 7-day reverse repos expired today, a net liquidity injection of 141 billion yuan was achieved.

Macro economy

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