In open market operations, the People's Bank of China skipping them today
- The Bank says liquidity in the system is appropriate
Recent history of skipping OMOs has shown the bank provides liquidity through other operations. But no announcement of that today as yet. ...
Added: OK .... bank says it will auction 80bn yuan of 3 month deposits to commercial banks
ps. By skipping OMOs it's a net drain of 100bn yuan (i.e. 100bn of maturing RRs)
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And, in low frequency trading news :-D, check this out:
Its at Bloomberg ... spoiler: Cederberg invested in Alibaba, Tencent and Tong Ren Tang
