The headquarters of the People's Bank of China in Beijing Photo: IC. The People's Bank of China (PBC) conducted 14-day reverse repos at an interest rate of 1.65 percent on Sunday,
The People’s Bank of China’s decision to halt bond buying is exacerbating the rise in short-end rates and flattening the yield curve, spurring bets the central bank may resume government debt purchases.
China’s central bank kept a key policy rate steady while injecting liquidity into the financial market, signaling that it may hold benchmark rates unchanged for longer.
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of the central bank, two sources with knowledge of the matter said.
China's central bank chief said on Monday the government will support moderately loose monetary policy to maintain ample liquidity. Pan Gongsheng, governor of the People's Bank of China, told the Asia Financial Forum in Hong Kong that the central bank will apply various tools such as interest rates and required reserve ratio to supply liquidity in the market.
The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages. Both rates are at record lows following rate reductions last year in October and July.
Asian equities were mixed overnight as Hong Kong, Mainland China, Thailand, and South Korea all underperformed while Taiwan was closed.
Investments from the National Social Security Fund, mutual funds and other sources will be increased to boost the stock market, regulators say.
China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's capital market. The remarks were made at a recent seminar on stock buyback and repurchase loaning program,
An outpouring of Chinese government bond issuance and early signs of improvement in the housing market helped stir up appetite for financing in December, drawing to a close a year when new loans declined for the first time since 2011.
The People’s Bank of China vowed to help the economy grow this year, firming expectations of more monetary easing.
The People's Bank of China (PBOC) announced Monday that it will keep its benchmark interest rate at 3.1% for the fourth consecutive month, in line with analysts' expectations of no change. The one-year prime lending rate (LPR) will remain at this level for at least another month,