PBOC Adds Funds in 14-Day Reverse Repos First Time in Six Months

Updated on
  • Benchmark seven-day money rate rises to highest since March
  • Central bank warning market against too much leverage: analyst

PBOC Said to Offer 14-Day Reverse Repos

China’s central bank injected cash into the financial system using 14-day reverse-repurchase agreements for the first time since February amid speculation policy makers are looking to increase the use of more expensive, longer-term funding to cool a bond rally.

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