Logo 08 Nov 2021

A little liquidity never hurt anyone

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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On Friday, the People’s Bank of China (PBoC) rounded out the week by pulling a net RMB 100 billion out of the banking system.

RMB 200 billion in reverse repo agreements expired, while the PBoC injected RMB 100 billion into the system via new seven-day reverse repos.

Some context: RMB 1 trillion in...