PBOC to inject 230 bln yuan via reverse repos

Date 2/23/2018 4:06:34 PM

    SHANGHAI, Feb 23 (Reuters) - China's central bank will inject 230 billion yuan ($36.24 billion) into money markets on Friday, traders said.

    The People's Bank of China (PBOC) is injecting 110 billion yuan through seven-day reverse bond repurchase agreements, 80 billion yuan through 28-day reverse repos and another 40 billion yuan through 63-day reverse repos, they said.

($1 = 6.3471 Chinese yuan) 

Edited by SHMET