The People's Bank of China logged net injection of 100 billion yuan via its medium-term lending facility in November, comprising the injection of 1 trillion yuan and withdrawal of 900 billion yuan, according to the central bank.
Open market trading of treasury bonds yielded a net injection of 50 billion yuan last month, and central treasury cash management operations contributed a net injection of 80 billion yuan.
Net withdrawal of seven-day reverse repo operations stood at about 556 billion yuan.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments