China's Central Bank Injects 70Bln into Money Market This Week

»China’s central bank has added a net 70 billion yuan ($10.3 billion) of
funds into the money market this week through open-market operations, the
biggest injection in eight weeks.

»The People’s Bank of China (PBOC) auctioned 13 billion yuan ($1.91 billion)
of three-month bills on Thursday at a yield of 1.5704 percent, unchanged for the
ninth straight sale.

»It also sold 5 billion yuan of 91-day repurchase agreements at a yield of
1.57 percent.