Policy

PBOC to skip OMO on Friday, drains a net 40 bln yuan for the week

Date 12/1/2017 2:27:51 PM

    SHANGHAI, Dec 1 (Reuters) - China's central bank said it will skip open market operations on Friday, as liquidity in the banking system was "relatively high". 

    For the week, the People's Bank of China (PBOC) will drain a net 40 billion yuan ($6.05 billion) from the market, compared with a net injection of 150 billion yuan a week earlier.

    Following is a summary of the volume of the PBOC's open market operations and maturing bills, repos and reverse repos for the week (in billions of yuan).

Edited by SHMET