The central bank conducted a 300 billion yuan 7-day reverse repurchase operation today, with a bid interest rate of 2.00%. As 487 billion yuan in 7 days of reverse repurchase is due today, the net withdrawal would be 187 billion yuan.
PBOC Withdrew 187 bn yuan
The central bank conducted a 300 billion yuan 7-day reverse repurchase operation today, with a bid interest rate of 2.00%. As 487 billion yuan in 7 days of reverse repurchase is due today, the net withdrawal would be 187 billion yuan.
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