Venue Shopping much?
EKRANOPLAN!
That's a lot of steady liquidity drainage going into corporate debt negotiations for the coming year. (Most corporations in Chyna run on 1 Lunar Year corporate loans, next date for rollover of same is 2/10/24. Negotiations begin, ordinarily, in the prior November.)
CN Wire
@Sino_Market
ยท
39s
โกPBOC conducted 119 billion yuan of the 7-day RRP and 182 billion yuan of the 14-day RRP on Tuesday. A total of 113 billion yuan will be drained from the market on a net basis as 414 billion yuan comes due today.
#China #liquidity
Quote
CN Wire
@Sino_Market
ยท
23h
#CN_Note
PBOC's 7-Day Reverse Repo dues this week (in yuan):
Dec. 18, Mon, 285 bln yuan
Dec. 19, Tue, 414 bln yuan
Dec. 20, Wed, 265 bln yuan
Dec. 21, Thu, 262 bln yuan
Dec. 22, Fri, 50 bln yuan
โ
Total 1,276 bln yuan 7-day RRP due.
#China #liquidity
https://twitter.com/Sino_Market/status/1736920076723585171
Every CME directed at Earth generates a vulcanic response, usually within 3-4 days, particularly in this sun spot cycle.