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China's central bank injects 1.014 trillion yuan via reverse repos, with overnight tranche at 1 trillion cap
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China's central bank conducted 1.412 trillion yuan in reverse repurchase operations, with the overnight tranche reaching its one-trillion-yuan cap, according to a Reuters report. The operations resulted in a single-day net liquidity injection of 1.014 trillion yuan into the banking system. The move reflects the People's Bank of China's efforts to manage short-term liquidity conditions in the open market.
Source report
China's central bank conducted 1.412 trillion yuan in reverse repurchase (reverse repo) operations in the open market, with the overnight tranche reaching the 1 trillion yuan upper limit. The operations resulted in a single-day net injection of 1.014 trillion yuan.
Source
rtrsWestern
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PBOC Conducts Record 1.412 Trillion Yuan Reverse Repos, Net Injecting 1.014 Trillion Yuan