China's Central Bank Withdraws Net 361.5 Billion Yuan on July 24; 843 Billion Yuan for the Week

According to Jin10 Data, China's central bank conducted 89 billion yuan of 7-day reverse repurchase operations and 500 billion yuan of 1-year medium-term lending facility (MLF) operations on July 24. Combined with 450.5 billion yuan in maturing 7-day reverse repos, the central bank achieved net liquidity withdrawal of 361.5 billion yuan for the day. For the week, after 1,963.5 billion yuan in reverse repo maturities and 400 billion yuan in 1-year MLF maturities, the central bank achieved net withdrawal of 843 billion yuan.
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