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PBOC Launches RMB1.2T Outright Reverse Repo Operation This Mth
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In April, a total of RMB1.2 trillion of outright reverse repo operations were conducted by means of fixed quantity, interest rate tender and multi-price bids, according to the announcement made by the People's Bank of China (PBOC). Of which, the operation volumes of 3-month (91-day) and 6-month (182-day) operations amounted to RMB700 billion and RMB500 billion, respectively. In the same month, the PBOC did not conduct open market national bond trading operations. AAStocks Financial News |
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