What the news says
This operation is directly related to liquidity conditions in China's money market and short-term borrowing costs. The repo rate is a signal of liquidity pressure in the banking system; this level affects broader credit costs and may impact global risk assets linked to China's growth, including long-term bonds such as CN10Y.
07/23, 08:21 AM
China's central bank injected 204 billion yuan via 7-day reverse repos at 1.40%.
China's central bank injected 204 billion yuan via 7-day reverse repos at 1.40%.
Affected assets
financialjuice
07/23, 08:21 AM
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