PBOC Leaves China's Banking Liquidity Untouched Today
Tang Shihua
DATE:  Aug 23 2019
/ SOURCE:  yicai

(Yicai Global) Aug. 23 -- The People's Bank of China used open market operations to keep the liquidity of China's monetary system balanced today.

The central bank conducted a seven-day reverse repo worth CNY80 billion (USD11.3 billion) at an interest rate of 2.55 percent, offset by CNY80 billion worth of the same instrument expiring today.

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Keywords:   Open Market Operation,Reverse Repo,PBOC