PBOC to add extra open market operations until Feb. 19

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The Chinese central bank, PBOC, made the following announcements via MNI, on the open market (OMO)as well as on the short-term lending (SLO) operations:

    China PBOC to add extra open mkt operations until Feb. 19

    To conduct OMO on every working day

    Will temporarily increase frequency of open market operation ahead of, after Chinese New Year

    To allow more institutions to participate in SLO

    Allows agency/commercial bank bonds as collateral for slo
    For more information, read our latest forex news.

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