PBOC Dials up Short-Term Liquidity Injections Amid Cash Squeeze
PBOC net injection via reverse repo second highest in history
Operation to offset impact of MLF maturity, tax payment: PBOC
China’s central bank pumped a large amount of short-term funds into its financial system on Wednesday, dialing up liquidity support amid a cash squeeze with the new year holiday looming.
The People’s Bank of China injected a net 958.4 billion yuan ($131 billion) of cash via seven-day reverse repurchase agreements in daily open market operations, the second highest on record in data compiled