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CHINA PRESS: PBOC Large Injection To Maintain Liquidity

CHINA PRESS

The PBOC recently conducted a CNY1.1 trillion 14-day reverse repo facility operation to provide stable liquidity before and after the holiday, and support funding needs for year-end bonuses, settling payments, and public consumption for goods and travel, according to Liang Si, a researcher at the Bank of China Research Institute. The operation, which led to a net injection of CNY198 billion after offsetting a maturity of CNY959.5 billion, signalled the central bank’s proactive stance in maintaining ample liquidity and stabilising market expectations.

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The PBOC recently conducted a CNY1.1 trillion 14-day reverse repo facility operation to provide stable liquidity before and after the holiday, and support funding needs for year-end bonuses, settling payments, and public consumption for goods and travel, according to Liang Si, a researcher at the Bank of China Research Institute. The operation, which led to a net injection of CNY198 billion after offsetting a maturity of CNY959.5 billion, signalled the central bank’s proactive stance in maintaining ample liquidity and stabilising market expectations.