Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China's central bank injects liquidity into market

October 09, 2021


Abstract : China's central bank Saturday conducted 10 billion yuan (1.55 billion U.S. dollars) of reverse repos to maintain liquidity in the banking system.

BEIJING, Oct. 9 (Xinhua) -- China's central bank Saturday conducted 10 billion yuan (1.55 billion U.S. dollars) of reverse repos to maintain liquidity in the banking system.

The interest rate for the 7-day reverse repos was set at 2.2 percent, according to the People's Bank of China.

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

Scan the QR code and push it to your mobile phone

Keyword: PBOC market liquidity

Reading:

China's central bank reiterates sound property market development

China's central bank issues 5 bln yuan of bills in Hong Kong SAR

China to tighten regulation on virtual-currency trading, speculation

China's southbound Bond Connect makes debut with nearly 4 bln yuan in turnover

Economic Watch: China opens southbound bond trading, boosting two-way opening-up

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial