The CBC may further augment the scale of the open-market operation
, when necessary, to mop up excess idle fund on the market.
Insiders noted that the CBC will continue mopping up flooding idle funds in the market via open-market operation
The PBOC, which carries out regular open-market operations
on Tuesdays and Thursdays, did not offer any repurchase agreements on Tuesday.
People's Bank of China (PBOC), which carries out regular open-market operations
on Tuesdays and Thursdays, has drained a net CNY67bn from the money market last week through its open-market operations
It starts by using open-market operations
in an effort to achieve "operating targets," which are the values of bank reserves and the federal funds rate that it believes are consistent with achieving the values of "intermediate targets" (e.
The Chinese central bank has intervened in the banking system through open-market operations
The People's Bank of China offered CNY50bn of seven-day reverse repos in open-market operations
The Bank of Japan pumped 500 billion yen into the money market on Thursday via open-market operations
to stem a rise in overnight call money rates.
The People's Bank of China drained CNY221bn from the banking system this week, via its regular open-market operations
Following the same-day open-market operations
, the benchmark rate for short-term interest rates dropped to 0.
The bank pulled out CNY86bn from the banking system this week through its regular open-market operations
002 percent as the BOJ deferred open-market operations
to absorb funds from financial institutions.