Summary:
More "pumping!" at the PBoC; last "pump!" was June 6th. The People's Bank of China (PBOC), China's central bank, on Thursday pumped 100 billion yuan (about 14.51 billion US dollars) into the financial system through open market operations. To maintain stable liquidity in the middle of the year, the central bank conducted the operations with 28-day reverse repos at an interest rate of 2.85 per cent. Net liquidity injection was 90 billion yuan on Thursday, as previous reverse repos worth 10 billion yuan matured, reports Xinhua. PBOC injects .51 billion into capital market https://t.co/foQOP7ehyM — thefinancetoday (@thefinancetoday) June 13, 2019
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
More "pumping!" at the PBoC; last "pump!" was June 6th. The People's Bank of China (PBOC), China's central bank, on Thursday pumped 100 billion yuan (about 14.51 billion US dollars) into the financial system through open market operations. To maintain stable liquidity in the middle of the year, the central bank conducted the operations with 28-day reverse repos at an interest rate of 2.85 per cent. Net liquidity injection was 90 billion yuan on Thursday, as previous reverse repos worth 10 billion yuan matured, reports Xinhua. PBOC injects .51 billion into capital market https://t.co/foQOP7ehyM — thefinancetoday (@thefinancetoday) June 13, 2019
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
More "pumping!" at the PBoC; last "pump!" was June 6th.
The People's Bank of China (PBOC), China's central bank, on Thursday pumped 100 billion yuan (about 14.51 billion US dollars) into the financial system through open market operations.
To maintain stable liquidity in the middle of the year, the central bank conducted the operations with 28-day reverse repos at an interest rate of 2.85 per cent.
Net liquidity injection was 90 billion yuan on Thursday, as previous reverse repos worth 10 billion yuan matured, reports Xinhua.
PBOC injects $14.51 billion into capital market https://t.co/foQOP7ehyM— thefinancetoday (@thefinancetoday) June 13, 2019