The Hong Kong Monetary Authority provides a total of 26.9 billion yuan to institutions through Renminbi liquidity arrangements.
27/02/2024
GMT Eight
According to data released by the Hong Kong Monetary Authority, as of 4 p.m. on February 26th, the Hong Kong Monetary Authority has provided a total of 2.69 billion RMB in Renminbi liquidity to institutions through Renminbi liquidity arrangements. Among them, the funds for repurchase agreements during the day were 2.6 billion RMB, and overnight funds were 90 million RMB. Previously, according to the plan announced by the Hong Kong Monetary Authority, its Renminbi liquidity arrangements will include bonds issued by the Chinese government and policy banks as eligible collateral starting on February 26th.