China cenbank's maturing bills, repos next week

April 19 (Reuters) - Maturing Chinese central bank reverse
bond repurchase agreements will drain 300 billion yuan ($44.72
billion) next week.
The People's Bank of China (PBOC) has drained 540 billion
yuan on a net basis from money markets via open market
operations (OMOs) so far this year.
The PBOC drained a net 410 billion yuan from the markets in
2018, with the outstanding balance in its OMOs at 840 billion
yuan, as of end-December.
Following is a summary of the volume of the central bank's
maturing bills, repos and reverse repos for the next week (in
billions of yuan):

Maturing Injection Drain Net
Bills
Repos
Reverse repos* 300 300
TOTAL 300 300

* Reverse repos inject liquidity on issuance and drain it on
maturity

Click on the following for historical data on:
PBOC repo issues:
PBOC repos outstanding:
PBOC bill issues:

($1 = 6.7081 Chinese yuan)

(Reporting by the Shanghai Newsroom; Editing by Kim Coghill)


2019-04-19 03:32:24

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