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PBOC conducts central bank bills swap

The People’s Bank of China conducted a central bank bills swap operation on Monday to improve the liquidity of perpetual bonds. The CBS, valued at 5 billion yuan ($708.5 million), is open to primary dealers for bidding at a fixed rate of 0.1 percent, the central bank said in a statement. The swap will be due on Aug 29.

BUSINESS

en-hk

2023-05-30T07:00:00.0000000Z

2023-05-30T07:00:00.0000000Z

https://chinadaily.pressreader.com/article/281925957391877

China Daily