Wire flash
China's central bank injects 1.151 trillion yuan via reverse repos, sixth straight day of net injection
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China's central bank conducted 1.151 trillion yuan (about $160 billion) in reverse repurchase agreements, marking a sixth consecutive day of net liquidity injection into the banking system, according to Reuters. The outstanding balance of reverse repo contracts rose to 1.619 trillion yuan following the operation. The move reflects the People's Bank of China's ongoing efforts to keep short-term funding conditions accommodative and support liquidity in the financial system. No further details on maturities, rates, or policy rationale were provided in the report.
Source report
The People's Bank of China (PBOC) conducted CNY 1.151 trillion in reverse repurchase agreements (reverse repos) in the open market, marking the sixth consecutive day of net liquidity injection. The outstanding balance of reverse repos rose to CNY 1.619 trillion.
Source
rtrsWestern
Part of this Story
PBOC Conducts Record 1.412 Trillion Yuan Reverse Repos, Net Injecting 1.014 Trillion Yuan