November 28, 2024 01:30 GMT
CHINA: Central Bank Withdraws Liquidity for Second Day.
CHINA
- PBOC issued CNY190.3bn of 7-day reverse repo at 1.5%.
- Maturities today CNY470.1bn
- Net liquidity withdrawal CNY279.8bn.
- The PBOC maintains liquidity in the interbank system via the issuance of 7-day reverse repo.
- Following withdrawals in the first few days of November, the PBOC returned to injecting liquidity all month, only to begin withdrawing into month end.
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