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 (00:54)
- 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.
27 Feb 2013 - 00:46
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