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CHINA Withdraws Liquidity For Third Straight Day via OMO

CHINA


  • PBOC issued CNY3.5bn via reverse repo in this morning’s operations.
  • Total maturities CNY471bn today.
  • Net withdrawal via open market operations is CNY467.5bn.
  • The PBOC manages liquidity via the use of repurchase agreements remove funds from the interbank system.

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