Back
23 Aug 2016
PBOC queries financial institutions for demand for 14-day repos
Reuters quoting traders, citing that the Chinese central bank, PBOC, is making enquiries, in order to gauges demand from financial institutions for 14-day repos.
The PBOC have been using 7day repos during daily open market operations (OMOs) so far this year, injecting cash regularly to manage short-term liquidity.