The People’s Bank of China injected a total of CNY 200 billion into the banking system, on August 21st, 2020, aiming to maintain liquidity. The central bank pumped a net of CNY 150 billion via 7-day reverse repos with the rate unchanged at 2.2 percent and CNY 50 billion through 14-day reverse repos at an interest rate of 2.35 percent. A total of CNY 150 billion of reverse repos matured on August 21st.
