Abstract: | In December, the central bank undertook 2 reverse repos worth 47.0 billion yuan in total (See Table 1). In December, no central bank bill was issued. The central bank drained 84.0 billion yuan net fund in December. Of this figure, the central bank put 47.0 billion yuan into circulation via reverse repos; and drained 131.0 billion yuan from circulation through matured reverse repos. |