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MNI BRIEF: PBOC To Conduct CNY5 Billion Bill Swap

MNI (Singapore)
MNI (Beijing)
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The People's Bank of China will conduct its second central bank bills swap (CBS) operation this year on February 28, according to a statement on its website.

The bill swaps, with a three-month tenor and worth CNY5 billion, are open to primary dealers for bidding at a fixed rate of 0.1%.

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The People's Bank of China will conduct its second central bank bills swap (CBS) operation this year on February 28, according to a statement on its website.

The bill swaps, with a three-month tenor and worth CNY5 billion, are open to primary dealers for bidding at a fixed rate of 0.1%.

Keep reading...Show less