The assembly workshop of FAW-Volkswagen Automobile in the Sichuan provincial capital of Chengdu on February 19, 2020. Photo: Xinhua The assembly workshop of FAW-Volkswagen Automobile in the Sichuan provincial capital of Chengdu on February 19, 2020. Photo: Xinhua
The assembly workshop of FAW-Volkswagen Automobile in the Sichuan provincial capital of Chengdu on February 19, 2020. Photo: Xinhua

Bonds

China averts liquidity squeeze by pumping US$92 billion of funding into banks over five weeks to spare the havoc on bonds

  • The People’s Bank of China injected a net US$84 billion in one-year funding and US$8 billion of short-term cash into the financial system in the final five weeks of 2020 alone
  • The PBOC is likely to maintain sufficient liquidity around the Lunar New Year holiday in mid-February, when demand for cash is typically high

Topic |   Bonds
The assembly workshop of FAW-Volkswagen Automobile in the Sichuan provincial capital of Chengdu on February 19, 2020. Photo: Xinhua The assembly workshop of FAW-Volkswagen Automobile in the Sichuan provincial capital of Chengdu on February 19, 2020. Photo: Xinhua
The assembly workshop of FAW-Volkswagen Automobile in the Sichuan provincial capital of Chengdu on February 19, 2020. Photo: Xinhua
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