MORE: China PBOC to Sell Repo Contracts for 1st Time Since June
The People’s Bank of China will conduct 48b yuan of 14-day repurchase agreements today, according to a trader at a primary dealer required to bid at the auctions. * The PBOC last sold repos in June with a 28-day issue * The central bank published this month a list of 46 primary dealers allowed to participate in open-market operations, including Industrial & Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, China Citic Bank, Industrial Bank and Postal Savings Bank of China.
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