Cross-posted from Investing in Chinese Stocks.
Central bank finally shot! “A financial institution bond trader marvel. His first reaction was: going to bond the lever!
This is due August 23 China’s central bank demand early consultation on the amount of reverse repurchase of 14 days. Sure enough, the next 24, 25, 26, the central bank for three consecutive days for 14 days of reverse repurchase transaction volume, respectively 50 billion, 80 billion, 50 billion, the successful rate of 2.4%. This is the first time in half a year, 14 days of operating tools are re-enabled, meaning that the central bank is expanding its short-term liquidity management efforts.
