I Get By With Alittle Help From My Friends....

Dinar Outcast


You are not connected. Please login or register

China c.bank to drain 75 bln yuan via 28-day repo

View previous topic View next topic Go down  Message [Page 1 of 1]

littlekracker


China c.bank to drain 75 bln yuan via 28-day repo


2010-04-20 01:36 (UTC)

SHANGHAI, April 20 (Reuters) - China's central bank will drain 75 billion yuan ($10.99 billion) from the money market on Tuesday through 28-day bond repurchase agreements, traders said.

This is in addition to the People's Bank of China's (PBOC) planned drain of 40 billion yuan via the sale of one-year bills later on Tuesday.

A total of 198 billion yuan in PBOC bills and repos will mature this week. Last week, the central bank drained a net 14 billion yuan from the market, the smallest weekly net drain since mid-February.

Guest


Guest
sure are draining alot...wonder what the out come was?

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum