Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

China central bank to inject 35 billion yuan via OMO, resuming 28-day tenor - traders

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/11/2019 | 09:32pm EDT
People walk past the headquarters of the PBOC, the central bank, in Beijing

SHANGHAI (Reuters) - China's central bank said it will inject 35 billion yuan (£4 billion) through open market operations on Wednesday, traders said.

The People's Bank of China (PBOC) is injecting 15 billion yuan through seven-day reverse bond repurchase agreements and 20 billion yuan through 28-day reverse repos, according to the traders.

The last time the PBOC injected funds via the 28-day tenor was on Jan. 18.

On a net basis, the central bank will drain 25 billion yuan from the market for the day, as 60 billion yuan worth of reverse repos are set to expire on Wednesday.

(Reporting by the Shanghai Newsroom; Editing by Sam Holmes)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
07:19pU.S. farmers may need more aid if trade deals stall during election season - lobby
RE
07:19pU.S., China rekindle trade talks ahead of Trump-Xi G20 meeting
RE
07:19pU.S., China rekindle trade talks ahead of Trump-Xi G20 meeting
RE
07:18pU.S., China rekindle trade talks ahead of Trump-Xi G20 meeting
RE
07:13pCanada approves contentious oil pipeline expansion, expects legal challenges
RE
07:11pPG&E settles California fire claims with local governments for $1 billion
RE
07:06pNIKKEI : Japanese businesses see economy peaking out, want more stimulus - Reuters poll
RE
06:45pAdobe beats quarterly estimates on cloud strength; shares rise
RE
06:44pLISA MURKOWSKI : Delegation Urges Administration's Support for Seafood Industry Embroiled in China Trade Dispute
PU
06:34pNOC NATIONAL OIL : Mellitah warehouse at Tajoura destroyed by aerial bombardment
PU
Latest news "Economy & Forex"
Advertisement