(Reuters) – The $2.2 trillion repurchase agreement market – part of the inner workings of the U.S. financial system – is facing what could be another strain as the year comes to a close. That could have wider implications than just Wall Street. WHAT IS THE WOR... More »
SHANGHAI (Reuters) – China’s central bank said it will skip open market operations on Monday. On a net basis, the People’s Bank of China (PBOC) will drain 120 billion yuan ($18.25 billion) from the money market for the day, as that amount of reverse repos is d... More »
China's central bank has sent queries to some banks to gauge market demand for two-month reverse repurchase agreements, a person with knowledge of the matter said on Thursday, as fresh worries about liquidity buffeted its financial markets. More »
