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China Withdraws 130B Yuan From Market

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1 China Withdraws 130B Yuan From Market on Tue Apr 27, 2010 1:22 pm

littlekracker


China Withdraws 130B Yuan From Market


* Tuesday 2010-04-27 17:11

April 27 -- China’s central bank, The People's Bank of China (PBOC), issued 75 billion yuan worth of one-year bills today at a yield of 1.9264 percent, according to information obtained from the website of the PBOC.

In addition, the PBOC conducted 55 billion yuan worth of 28-day repo operations at a yield of 1.18 percent.

The one-year Shibor (Shanghai Interbank Offered Rate) was quoted at 2.3655 percent today, according to information obtained from the National Interbank Funding Center.

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