SHANGHAI, Oct 31 (Reuters) - China's central bank will
inject 16 billion yuan ($2.63 billion) into the money markets
through 14-day reverse bond repurchase agreements on Thursday,
traders said, meaning it will inject a net 29.1 billion yuan
into the market this week.
The People's Bank of China (PBOC) conducted a net drain of
58 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* 29
Bills maturing 6
Reverse repos maturing
TOTAL 35 -5.9 29.1
*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 = 6.0938 Chinese yuan)
(Reporting by Li Hongwei, Chen Yixin, Steven Bian and Pete
Sweeney and the Shanghai Newsroom; Editing by John Mair)
Keywords: CHINA OPENMARKET/REPO
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