China’s PBOC to conduct $84.48-bn outright reverse repo ops today
Pic: Shan_shan / Shutterstock.com Insights The People’s Bank of China has said that it will conduct a 600-billion-yuan (~$84.48 billion) outright reverse repo operation on September 15 to maintain ample liquidity in the domestic banking system. The operation will have a tenor of six months (182 days) and will be conducted using a fixed-quantity, interest-rate-bidding…