PBOC Injects 159.5 Billion Yuan and 455.4 Billion Yuan; BOJ Offers Government Debt Lending

The People's Bank of China (PBOC) has conducted significant liquidity operations recently, injecting a net total of 159.5 billion yuan into the open market. This included a 455.4 billion yuan injection via 7-day reverse repos at a rate of 1.50%. On March 27, the PBOC further sold 218.5 billion yuan in 7-day reverse repos, maintaining the same interest rate. Meanwhile, the Bank of Japan (BOJ) has offered to lend government debt in both morning and afternoon sessions, indicating ongoing efforts to manage liquidity in the market. The Bank of England (BoE) also participated in liquidity operations, allotting £1.34 billion in response to banks' bids.