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CHINA: Central Bank Drains Liquidity via OMO. 

CHINA
  • PBOC issues CNY327.6bn of 7-day reverse repo at 1.5%.
  • Today’s maturities CNY798.9
  • Total net liquidity withdrawal CNY471.3bn
  • The PBOC maintains liquidity in the interbank market through the issuance of reverse repo. 
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  • PBOC issues CNY327.6bn of 7-day reverse repo at 1.5%.
  • Today’s maturities CNY798.9
  • Total net liquidity withdrawal CNY471.3bn
  • The PBOC maintains liquidity in the interbank market through the issuance of reverse repo.