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Central Bank Sells 55b Yuan of One-Year Bills
BEIJING, Jun. 30 -- The People's Bank of China (PBOC), or the central bank, auctioned 55 billion yuan ($8.1 billion) of one-year bills at its regular open market operations Tuesday.
The yield of the one-year bill stood unchanged at 2.0929 percent compared with the central bank's last one-year bill issuance on June 8.
Some 144 billion yuan ($21 billion) of Chinese central bank bills and repurchase agreements are due to mature this week.
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