+
The People’s
Bank of China (PBOC) announced that it had auctioned the 28-day repurchase agreements
valued at CNY 26 billion on February 7, with a rate of 2.6%.
+
This
is the first time that PBOC has conducted a repurchase operation in the open
market this year.
+
Related Data: Open Market Operation by PBOC
PBOC prefers to use short-term
open market operation to overall monetary easing in fine-tuning market
liquidity.
Other News Headlines:
n NDRC Raises Gasoline and Diesel Retail Prices by CNY 300 per Ton
n New Regulatory Rules on Banking Sector to Come into Effect in July
n PBOC Conducts the First Repo Operation in This Year
n Agricultural Products Prices Fall after the Holiday
n Shanghai’s Grade-A Office Stock at 5 Million Square Meters, Second in China
n NDRC Raises Gasoline and Diesel Retail Prices by CNY 300 per Ton
n New Regulatory Rules on Banking Sector to Come into Effect in July
n PBOC Conducts the First Repo Operation in This Year
n Agricultural Products Prices Fall after the Holiday
n Shanghai’s Grade-A Office Stock at 5 Million Square Meters, Second in China
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