SHANGHAI, Sept 12 (Reuters) - China's central bank will
inject 10 billion yuan ($1.63 billion)into the money markets
through 14-day reverse bond repurchase agreements on Thursday,
traders said, meaning it will drain a net 1.1 billion yuan from
the market this week.
The People's Bank of China (PBOC) conducted a net drain of
37 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* 20
Bills maturing 100
Reverse repos maturing -36
TOTAL 120 -121.1 -1.1
*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 = 6.1185 Chinese yuan)
(Reporting by Steven Bian, Li Hongwei, Chen Yixin and Pete
Sweeney; Editing by Paul Tait)
Keywords: CHINA OPENMARKET/REPO
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