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KM Financial Solutions | China money rates fall on resumed reverse repos, new lending tool
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China money rates fall on resumed reverse repos, new lending tool

20 Dec China money rates fall on resumed reverse repos, new lending tool

Posted at 08:48h in News by
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China’s primary money rates
fell this week after the central bank resumed liquidity
injections through its regular open market operations, following
a long hiatus, and as it introduced a tool for targeted lending
with lower interest.
On Monday, the People’s Bank of China (PBOC) injected 160
billion yuan ($23.2 billion) through reverse bond repurchase
agreements, the first such operation after an unprecedented
36-day pause.
It then made four more injectio

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