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The PBOC is likely to increase..........>

CHINA PRESS
CHINA PRESS: The PBOC is likely to increase liquidity injections via conducting
more reverse repos or cutting banks' reserve requirement ratios (RRRs) to bridge
the shortage caused by the issuance of special Treasury bonds, with CNY140
billion remaining through July, the newspaper said citing analysts. The PBOC may
choose to issue extra liquidity when rolling over the CNY200 billion reverse
repos maturing today to help ease month-end tight liquidity, the newspaper said
citing analysts.

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