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PBOC Conducts Reverse Repo of RMB409.5B Today, Net Injection of RMB9.5B
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The People's Bank of China (PBOC) conducted a seven-day reverse repo operation today (25th) in the open market, amounting to RMB409.5 billion, with the operation rate unchanged at 1.4%. Today, RMB400 billion of reverse repos matured, resulting in a single-day net injection of RMB9.5 billion. On the same day, the PBOC also conducted an RMB600 billion Medium-term Lending Facility (MLF) operation with a one-year term. AASTOCKS Financial News Website: www.aastocks.com |
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