• The People's Bank of China injects 150 billion yuan into market

Market news

20 January 2016

The People's Bank of China injects 150 billion yuan into market

The People's Bank of China (PBoC) said on its website on Wednesday that it plans to inject 150 billion yuan ($23 billion) into market to boost liquidity via short-term liquidity operations (SLO).

The interest rate on the 6-day lines of credit will be 2.25%, according to the central bank.

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