Add to Favorites  |  Subscribe |  Archive  |  Friend us on Facebook |  Follow Caijing on Twitter | 
English > Finance > Finance-newsbrief>Liquidity Ample Despite Central Bank Draining Operations

Liquidity Ample Despite Central Bank Draining Operations

11-13 12:46 Caijing



» There is still sufficient liquidity in China's banking system despite the central bank conducting a net drain of funds for five consecutive weeks after the week-long National Day holiday, analysts told Caijing on Thursday.
» The People's Bank of China mopped up 81 billion yuan (US$ 11.86 billion) via regular open market operations this week, sustaining a policy reversal after it boosted funds for six straight weeks before the holiday, according to Wind Info, which tracks China's capital market.
» Banks have ample funds to trade in the bond market due to reduced lending, and the period of rapid credit growth has passed, an analyst with Shenyin & Wangguo Securities said.
From wires
Related Articles
  • China Central Bank Opens Second Monetary Policy Unit
  • Central Bank Auctions 13 Bln Yuan in 1-year Bills
  • Central Bank Mulls over Creation of Loan Transfer Market
  • Central Bank Mulls over Loan Transfer Market
  • Central Bank Completes Auction of 100 Bln Yuan in 1-year Bills
  • BOC Vice President Named Central Bank Vice Governor
    • News Galleries
    more
  • The Strongest Earthquake Hit Gaoxiong, Taiwan
    • Most Viewed
  • Qihoo 360: Apps Should be Back on Apple App Store Shortly
  • China Capital Outflows not Excessive: SAFE
  • China Investigates Chongqing Vice-Mayor Wang Lijun
  • China Vice President Xi Jinping Kick-Starts 5-Day US Visit
    • Finance & Economy
    more
  • China March Inflation 3.6Pct, Beating Expectations
  • Forecasts Show Slowing Export Growth, Narrowing Deficits in March
  • China Big Four Banks March New Loans Seen at CNY295Bln
    • Industry & Companies
    more
  • Lead Underwriter Prices People's Daily Online IPO at CNY17.2-19.2
  • China Overtakes US as World's Biggest Grocery Market
  • China May Broaden Property Tax Base as its Effects Limited
    • Energy & Environment
    more
  • Two Lawsuits Underway Against ConocoPhillips in China
  • China Lays out Timetable for Air Quality Control
  • Chinese Vice Premier Calls for New Air Quality Monitoring Criteria
    • Contact us　|　Subscription　|　About Caijing　|　Work at Caijing　|　FAQs
    Please contact Caijing Magazine for any inquiries. Reproduction in whole or in part without Caijing's permission is prohibited.
    [ICP License: 090027]　IDC License:[B2-20040250]　Advertising Business License:[京海工商广字第0407号]　京公网安备110105005607号
    Copyright by Caijing. All Rights Reserved