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China raised $ 12 billion in its market to maintain liquidity
8/16/2016 0:00
[rtl] Beijing Hejoa
pumping the Central Bank of China 's 80.5 billion yuan (about 12.12 billion US dollars) on Monday in order to maintain liquidity in the market.
And enter the PBOC 130 billion yuan into the money market through reverse repurchase process known as (Ribot) for seven days, a process that the central banks which bought securities from banks under an agreement to resell them in the
future.
the subject of this repo operations to interest rate B2.25 percent, according to astatement the central bank.
With the maturity of reverse repurchase operations «repo» worth 125 billion yuan bills central bank worth 75.5 billion yuan on Monday, pumping the central bank effectively 80.5 billion yuan in the
market.
in the banking transactions in the market, the interest rate rose overnight interbank (Shanghai Hepour), a lending between banks based on scale China B0.23 basis points L. 2.0233 percent, with continued Hepour loans for three months , falling for one month, even down to 2.8028
percent.
China 's central bank and made several open market operations in order to regulate liquidity in the current year, including long- and medium - lending facilities term, as well as the complementary lending
mortgage.[/rtl]
[rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=121455
[/rtl]
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