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PBOC Conducts Reverse Repo of RMB324B Today, Net Withdrawal of RMB34.6B
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The People's Bank of China (PBOC) conducted an RMB324 billion seven-day reverse repo operation in the open market today (20th), with the operation rate unchanged at 1.4%.

Today, RMB358.6 billion of reverse repos matured, resulting in a single-day net withdrawal of RMB34.6 billion.

Related NewsFixed Asset Investment (YTD) YoY for Dec in China is -3.8%, lower than the previous value of -2.6%. The forecast was -3%.

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