China's central bank injected liquidity into market via multiple tools in February
Xinhua
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BEIJING, March 3 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, injected liquidity into the market using multiple tools in February, it said in a statement on Tuesday.

The picture shows a view of the People's Bank of China. (Photo: Xinhua)

Last month, the PBOC injected 600 billion yuan (about 86.85 billion U.S. dollars) into the market through its medium-term lending facility (MLF) and withdrew 300 billion yuan, resulting in a net injection of 300 billion yuan.

In addition to MLF operations, the bank reported that its open market trading of treasury bonds yielded a net injection of 50 billion yuan.

Through seven-day reverse repo operations, the central bank injected nearly 2.9 trillion yuan into the market but withdrew about 3.02 trillion yuan, resulting in a net withdrawal of approximately 120.5 billion yuan.