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Overnight Repo Pushes Higher, PBoC Inject Record Amount Of Net Liquidity Via OMOs

CHINA RATES

Today's record net OMO liquidity injection from the PBoC (CNY632bn) comes as the overnight repo rate pushes to another recent high above 3.00%, although the 7-day repo fixing has moderated from its own YtD peak.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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