| ||||||||||||||||||||||||||||||||
The People's Bank of China, China's central bank, has injected 50 billion yuan (8.2 billion U.S. dollars) into the money market through open market operations, it announced on Tuesday.
中国人民银行周二宣布,已通过公开市场操作向金融市场注入500亿元人民币(82亿美元)。
This has marked the fourth consecutive1 cash injection through the central bank's regular reverse repurchase agreement (repo) on Tuesdays and Thursdays since June 25.
The yield for the latest seven-day reverse repo stood at 2.5 percent, according to the central bank.
The latest cash injection will offset2 another 50 billion yuan of reverse repo agreements due on Tuesday, meaning net cash injection on Tuesday is zero. Meanwhile, another 35 billion yuan of reverse repo agreements are due to Thursday.
Since June, the central bank has resorted to reverse repo operations and medium-term lending facilities (MLF) to inject liquidity3 to the market. The PBOC extended a six-month MLF worth 250 billion yuan at an interest rate of 3.35 percent to 11 banks last Friday. It also lowered interest rates and the reserve requirement ratio on June 28.
点击收听单词发音
|
||||||||||||||||||||||||||||||||
上一篇:京东金融借贷业务增长迅速 下一篇:希腊经济危机始末 |
- 发表评论
-
- 最新评论 进入详细评论页>>