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2017.06.2801:05:00UTC+00PBOC Says to Miss Open Market Operations Anew

The People's Bank of China divulged that it will miss open market operations anew, noting the level of liquidity is still nearly high in the nation's banking network.

The PBOC missed these operations for the fourth straight time, saying fiscal cost was surging toward the end of the month draws near, offsetting maturity reverse repos. For today, they will deplete a net of 50 billion yuan from these operations.

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