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CHINA: Central Bank Drains Liquidity Ahead of Month End. 

CHINA
  • PBOC issues CNY479bn of 7-day reverse repo at 1.5%.
  • Today’s maturities CNY635.1bn.
  • Total liquidity withdrawal CNY 156.1bn.
  • The PBOC monitors and maintains liquidity through the issuance of reverse repo. 
  • Throughout November, the PBOC has been consistently injecting liquidity only to begin to withdrawal leading into month end. 


     

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  • PBOC issues CNY479bn of 7-day reverse repo at 1.5%.
  • Today’s maturities CNY635.1bn.
  • Total liquidity withdrawal CNY 156.1bn.
  • The PBOC monitors and maintains liquidity through the issuance of reverse repo. 
  • Throughout November, the PBOC has been consistently injecting liquidity only to begin to withdrawal leading into month end.