China’s central bank held 1.7 trln yuan in outright reverse repos Jan By Reuters


SHANGHAI (Reuters) – China’s central bank said on Monday it conducted 1.7 trillion yuan in outright reverse repurchase agreements in January.

© Reuters. FILE PHOTO: Paramilitary policemen stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo

The People’s Bank of China (PBOC) said the repo operations aimed to “maintain the liquidity of the banking system reasonably sufficient”. The tenors of repos for the month are 3 and 6 months.

Separately, the PBOC said it did not buy or sell Chinese government bonds during open market operations in January.





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