PBoC Returns RMB 27b to Market in Weekly Ops

The People's Bank of China auctioned RMB 60 billion in one-year notes at 3.3058% and RMB 16 billion in three-month bills at 2.9168%, as well as RMB 97 billion in 28-day repos at 2.6% and RMB 10 billion in 2.88% 91-day repos, in its weekly open market operations this week, according to a statement on its website posted April 7.

A total of RMB 210 billion in fixed-income securities and repos is due to mature this week, ifeng.com reports.