Business Recorder - Markets - Financial https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 19:44:16 +0500 Thu, 13 Aug 2026 19:44:16 +0500 60 PBOC to drain 110 bln yuan via 28-day repos https://www.brecorder.com/news/6181/pboc-to-drain-110-bln-yuan-via-28-day-repos <p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/china-bank_1358403c.jpg" width="400" height="250" />SHANGHAI: China's central bank will drain 110 billion yuan ($16.7 billion) from the money markets through 28-day bond repurchase agreements on Tuesday, traders said.</p> <p class="MsoPlainText">The People's Bank of China (PBOC) will mop up 1 billion yuan by selling one-year bills at about 10 a.m. (0200 GMT) on Tuesday.</p> <p class="MsoPlainText">A total of 205 billion yuan in central bank bills are maturing this week, although no repos are due. Last week, the People's Bank of China conducted a net injection of 103 billion yuan into the market.</p> <p class="MsoPlainText"><Center /><b><i>Copyright Reuters, 2011</b></i><br /></center></p> SHANGHAI: China's central bank will drain 110 billion yuan ($16.7 billion) from the money markets through 28-day bond repurchase agreements on Tuesday, traders said.

The People's Bank of China (PBOC) will mop up 1 billion yuan by selling one-year bills at about 10 a.m. (0200 GMT) on Tuesday.

A total of 205 billion yuan in central bank bills are maturing this week, although no repos are due. Last week, the People's Bank of China conducted a net injection of 103 billion yuan into the market.

Copyright Reuters, 2011

]]> Markets https://www.brecorder.com/news/6181 Tue, 08 Mar 2011 14:20:10 +0500 none@none.com (Abdul Ahad)