PBOC conducts 500 billion yuan six-month outright reverse repos, signaling growth support (Finance)

Generaldesk view

PBOC conducts 500 billion yuan six-month outright reverse repos, signaling growth support (Finance)

On September 15 the People’s Bank of China conducted 500 billion yuan of outright reverse-repo operations with a six-month (181-day) tenor, maturing March 15, 2…

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Financedesk view

PBOC “shorten duration, ease overnight”: overnight reverse-repo net injects cash; CNY 500bn 6-month outright repo rolled flat (Macro/China)

On Sep 15 the PBOC conducted RMB 597 billion of overnight reverse repos against about RMB 505 billion maturing, for a roughly RMB 92 billion net injection on th…

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