SHANGHAI, Oct 24 (Reuters) - China's central bank abstained
from injecting funds for a third straight session on Thursday,
traders said, meaning it will let previously issued maturing
instruments drain a net 58 billion yuan ($9.5 billion) from the
market this week.
The People's Bank of China (PBOC) conducted a net drain of
44.5 billion yuan from the market last week.
Following is a summary of the volume of the central bank's
bill sales and repo operations for the week (billions of yuan):
Injection Drain Net
Reverse repos maturing -58
*Reverse repos inject liquidity on issuance and drain it on
Click on the following for historical data on:
PBOC repo issues:
PBOC repos outstanding:
PBOC bill issues:
PBOC bills outstanding:
Reports on PBOC open market operations:
($1 = 6.0835 Chinese yuan)
(Reporting by Yolanda Ran, Chen Yixin, Pete Sweeney and Li
Hongwei; Editing by John Mair)
Keywords: CHINA OPENMARKET/REPO
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