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The PBOC may increase liquidity.........>

CHINA PRESS
MNI (Beijing)
CHINA PRESS: The PBOC may increase liquidity injection this week to meet the
rising demand for paying monthly taxes and scheduled greater offering of
government bonds, China Securities Journal reported on Monday. September's tax
due date is on the 17th, which usually strains liquidity in the two to three
days before and after, the journal said. Government bonds to be offered this
week may total CNY470 billion, the most in two years. There will also be more
reverse repo purchases maturing as well as increasing demand for cash before the
Mid-Autumn Festival weekend, prompting the central bank to take more open market
operations to reduce volatilities, the journal said. 

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