SHANGHAI, Nov 7 (Reuters) - China's central bank abstained
from engaging in open market operations on Thursday, traders
said, meaning it will drain a net 5 billion yuan from the market
The People's Bank of China (PBOC) conducted a net injection
of 29.1 billion yuan into 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* 8
Reverse repos maturing -13
TOTAL 8 -13 -5
*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 = 6.0927 Chinese yuan)
(Reporting by Shanghai Newsroom; Editing by Shri Navaratnam)
Keywords: CHINA OPENMARKET/REPO
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