September 18, 2024 01:53 GMT
CHINA: Central Bank Drains Liquidity via OMO.
CHINA
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- PBOC issued CNY568.2bn via reverse repo at 1.7% during this mornings operations.
- Today's maturities CNY487.5bn
- The one year medium loan facility had maturities of CNY591bn.
- Total net withdrawal of CNY510.3bn
- The Central Bank advised that it will inject one-year liquidity to domestic lenders on Sept. 25, marking a third delay amid a broad overhaul of its policy toolkit.
- The PBOC uses the reverse repo to control liquidity into the interbank system.
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