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BEIJING - The People's Bank of China (PBOC), the central bank, injected a total of 166 billion yuan ($24.3 billion) into the market this week through bill issues and repurchase agreements.
In its regular open market operations on Thursday, the central bank auctioned 10 billion yuan ($1.46 billion) worth of three-month bills with a yield of 1.5704 percent, up 4.04 basis points from June 3.
Thursday's operations brought the weekly total raised to 45 billion yuan ($6.6 billion), but a total of 211 billion yuan ($30.9 billion) matured this week, resulting in a net weekly injection of cash.
The PBOC has realized net injections of money into the market for three straight weeks in a row.