PBOC to add extra open market operations until Feb. 19

FXStreet (Mumbai) - The Chinese central bank, PBOC, made the following announcements via MNI, on the open market (OMO)as well as on the short-term lending (SLO) operations:

China PBOC to add extra open mkt operations until Feb. 19

To conduct OMO on every working day

Will temporarily increase frequency of open market operation ahead of, after Chinese New Year

To allow more institutions to participate in SLO

Allows agency/commercial bank bonds as collateral for slo