SHANGHAI (Reuters) โ Chinaโs central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January.
The Peopleโs Bank of China (PBOC) said the repo operations aimed to โkeep banking system liquidity reasonably ampleโ. The tenors of the repos for the month were 3 and 6 months.
Separately, the PBOC said it had not purchased or sold Chinese government bonds in open market operations in January.
(Reporting by Shanghai Newsroom; Editing by Toby Chopra)
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