Skip to main content

PBoC leaves banking sector sweating over liquidity squeeze

China flag

The Chinese banking sector is still struggling with tight liquidity conditions, as the People's Bank of China (PBoC) refrains – at least publicly – from intervening.

The seven-day bond repurchase rate, a key liquidity benchmark, fell from 11.62% to 8.12% when trading opened today, with rumours circulating that the central bank had injected funds into some of China's largest banks and instructed them to start lending.

The PBoC has not confirmed that rumour, however, and its representative office

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.