CHINA:   Central Bank’s Liquidity Withdrawal Continues.

Dec-06 01:31By: Jamie Grant
China
  • PBOC issued CNY190.8bn of 7-day reverse repo at 1.5% in this morning’s operations.
  • Today’s maturities CNY479bn.
  • Net liquidity withdrawal CNY 288.1bn.
  • The PBOC maintains liquidity in the interbank system via the issuance of 7-day reverse repo.