China's central bank significantly boosted liquidity, injecting 600 billion yuan via overnight reverse repos, doubling Monday's debut. This move aims to ease month-end funding pressures for banks. The People's Bank of China maintained the borrowing cost at 1.25%, offering a new tool for fine-tuning short-term cash needs without altering broader monetary policy. This increased support signals a focus on stable money markets and economic activity.

The omission suggests the tool aims to manage seasonal liquidity crunches rather than signal near-term policy shifts, analysts say

The PBOC launched its first overnight reverse repo operation on June 29 without publishing the rate, signaling a shift in China's liquidity management

China's central bank has introduced overnight reverse repo operations for the first time, injecting 300 billion yuan to manage liquidity. This move expands the People's Bank of…

The People's Bank of China launched its first overnight reverse repo, injecting 300 billion yuan ($44B) into markets while initially withholding the rate.

The PBOC launched its first overnight reverse repo at 1.25%, injecting 300 billion yuan ($44.1B). Here's what it means for crypto and global risk assets.

China's central bank significantly boosted liquidity, injecting 600 billion yuan via overnight reverse repos, doubling Monday's debut. This move aims to ease month-end funding…