The central bank injected a net funds continue to maintain loose monetary policy renewal
China’s financial network of the People’s comprehensive report on the 4th in the open market operations carried out in March period of 80 billion yuan vote of conventional central issue. It is worth noting that the day is once again the absence of buy-back operation, which allows for the open market this week, ushered in the third week of net invested capital. Analysts said the central bank open market operations in the moderate shrinking that loose monetary policy is still a continuation of the recent on the monetary authorities to tighten the funds may face a moderate point of view has not been tested in the open market, the next period of time, market liquidity will remain relaxed posture extension.
The central bank injected a net 4 billion yuan this week
The central bank yesterday in the inter-bank market, 80 billion yuan were issued in March the central counting period, interest at the rate of 0.9650 percent, unchanged from the previous period.
164 billion yuan of funds due this week, more than four billion yuan last. Tuesday the central bank in the inter-bank market of 800 million 28 Tianzheng repurchase operation, which makes the central bank to the market this week, running a net four billion yuan, significantly reduced the amount of last week.
Experienced as a result of the Tuen Ng Festival holiday last week, Thursday the central bank did not conduct open market operations, the week the central bank injected 80 billion yuan to the market.
The central bank has been injecting capital to the market three weeks. Analysts believe that as a result of Reserve Bank super-low rate, they are also facing the resumption of IPO, the central bank open market operations weakening efforts to maintain the liquidity of the banking system.
The central bank injected a net funds continue to maintain continuity lenient policy
People’s Bank of China on the 4th in the open market operations carried out in March period of 80 billion yuan vote of conventional central issue. It is worth noting that the day is once again the absence of buy-back operation, which allows for the open market this week, ushered in the third week of net invested capital. Analysts said the central bank open market operations in the moderate shrinking that loose monetary policy is still a continuation of the recent on the monetary authorities to tighten the funds may face a moderate point of view has not been tested in the open market, the next period of time, market liquidity will remain relaxed posture extension.
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