News Headline Summary

People Bank of China refuses short-term liquidity operations for key banks, according to Securities Times

- Several banks applied for liquidity support from the PBOC on Tuesday via short-term liquidity operations but were refused by the central bank.

Analysis details (19:54)

- SLOs was announced in late January as a new tool to inject liquidity into the markets on a daily basis but have yet to be used since because of returning capital flows.

26 Feb 2013 - 19:46 - Equities - Source: Securities Times

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