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.





Source link

  • Related Posts

    Canada warns Donald Trump’s tariffs that can leave us to rely on the oil in Venezuela

    Unlock White House Watch Newsletter for free Your guide to what 2024 US elections mean is Washington and the world The US to buy oil from Geopolitical Rivals such as…

    Belpointe Oz regains compliance with Nice -American listing standards (NYSE: OZ)

    Belpointe Oz (NYSE:Il) On Thursday he said he has regained compliance with NYSE’s continuous list standards. Nyse American originally notified the company with continuous list standards as a result of…

    Leave a Reply

    Your email address will not be published. Required fields are marked *