The People's Bank of China (PBOC) put 70 billion yuan into seven-day reverse repos, a process by which central banks purchase securities from banks with an agreement to sell them back in the future.
The reverse repo was priced to yield 2.25 percent, according to a PBOC statement. Meanwhile, reverse repos worth 75 billion yuan mature on Thursday.
 
                 
                                
 
            
         
            
         
                
             
     
							 
			 
			 
                             
                         
                         
                         
                         
                         
                    
 
         
               
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