China's Central Bank Conducts 349 Billion Yuan of Overnight Reverse Repos
MT Newswires Live
Aug 14
The People's Bank of China on Friday conducted 349 billion yuan in overnight reverse repurchase agreements, according to a same-day filing with the central bank.
The PBOC will continue conducting overnight reverse repo operations from Aug. 17 until Aug. 19.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.