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China Injects Most Cash in Two Months, Triggering Gains in Bonds

  • PBOC net added 190 billion yuan via seven-day reverse repos
  • Move to help to alleviate liquidity stress, ANZ’s Xing says
Outside the People's Bank of China (PBOC) in Beijing.

Outside the People's Bank of China (PBOC) in Beijing.

Photographer: Andrea Verdelli/Bloomberg
Updated on

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China boosted its injection of short-term cash into the banking system to the highest in two months, as demand for liquidity climbed before year-end. Government bonds gained.