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PBOC Sold 42B Yuan Of Three-month Bills At Unchanged Yield

  • Thursday 2010-02-04  13:03

China’s central bank, The People’s Bank of China, sold 42 billion yuan worth of three-month bills on February 4 at an unchanged yield of 1.4088 percent, according to data released by the PBOC.

The PBOC did not conduct any repo operations on February 4. 
 
A total of 266 billion yuan worth of bills and repos will mature for the week ending February 5. With the PBOC selling ten billion yuan worth of bills in its open market operations on February 2, the PBOC would have injected a total of 214 billion yuan into the market for the week ending February 5. 

Separately, the one-year Shibor (Shanghai Interbank Offered Rate) was quoted at 2.3340 percent as of 11:30:00 on February 4, up 0.04 basis point, according to statistics obtained from the website of the National Interbank Funding Center in Shanghai.

The one-month Shibor was quoted at 1.8503 percent on February 4, down 0.08 basis point.


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