Shanghai (Reuters) – The Chinese Central Bank said on Monday that it had concluded an explicit re -purchase of 1.7 trillion yuan in January.
The Chinese People’s Bank (PBOC) said that re -purchases aim to “maintain the liquidity of the banking system reasonably sufficient.” The periods of re -purchase agreements for this month were 3 and 6 months.
Separately, the Chinese People’s Bank said it had not bought or sold Chinese government bonds in open market operations in January.
