test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Economy | Time: Jun 22 2021 4:12PM
China's central bank conducts 10 bln yuan of reverse repos
 
Text size

BEIJING, June 22 (Xinhua) -- China's central bank Tuesday conducted 10 billion yuan (about 1.55 billion U.S. dollars) of reverse repos to maintain reasonably ample liquidity in the banking system.


The interest rate for the seven-day reverse repos was set at 2.2 percent, according to a statement on the website of the People's Bank of China.


A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future. Enditem


Related Articles
PET fiber chip market daily (Jul 28, 2021)
PFY sales retreat today
PET fiber chip market morning express (Jul 28, 2021)
Petrochemical market morning express (Jul 28, 2021)
China polyester market snapshot (Jul 28, 2021)
PET fiber chip market daily (Jul 27, 2021)
PFY sales improve after price being discounted
PFY sales improve in the morning
Sinopec settles Jul CP of PET fiber chip
PET fiber chip market morning express (Jul 26, 2021)
 
Research
Operation, development and substitution of recycled ...
Polyester market operation in H1 2021 and outlook for ...
2021/22 global cotton production remains uncertain with ...
Acetic acid: unexpected plant shutdowns drive market ...
China's PTA industry moves forward under overcapacity ...
China chemical fiber industry development and outlook
 
 

娴欏叕缃戝畨澶33010902000742鍙