国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

China's central bank injects liquidity via reverse repos

Source: Xinhua| 2018-05-09 13:53:54|Editor: Liangyu
Video PlayerClose

BEIJING, May 9 (Xinhua) -- China's central bank Wednesday injected funds into the banking system via open market operations to maintain liquidity.

The People's Bank of China (PBOC) conducted 60 billion yuan (9.4 billion U.S. dollars) of seven-day reverse repos and 40 billion yuan of 14-day reverse repos.

The interest rates for the seven-day and 14-day operations were 2.55 percent and 2.70 percent, respectively.

A reverse repo is a process by which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future.

Offset by 200 billion yuan of maturing reverse repos, the net injection on Wednesday stood at 100 billion yuan.

The PBOC has recently managed market liquidity through targeted moves rather than across-the-board adjustments of interest rates.

The central bank plans to keep monetary policy prudent and neutral, maintain a stable, reasonable level of liquidity, and oversee moderate growth of financial credit and social financing.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001371664841
主站蜘蛛池模板: 聂拉木县| 闽清县| 海林市| 昌宁县| 乌拉特后旗| 慈溪市| 宣恩县| 水城县| 康定县| 兴海县| 会泽县| 郴州市| 宝应县| 岐山县| 巫溪县| 广灵县| 会理县| 鄂伦春自治旗| 文水县| 雷波县| 剑阁县| 仙居县| 上思县| 乌恰县| 葫芦岛市| 米易县| 织金县| 衡南县| 康马县| 宁蒗| 通河县| 商河县| 雅安市| 蒲江县| 宁都县| 永川市| 潍坊市| 桐庐县| 科技| 什邡市| 抚松县|