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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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  • 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.