Chinese Interbank Funding Freezes Again As Overnight Repo Hits 33%
Chinese Interbank Funding Freezes Again As Overnight Repo Hits 33% by Tyler Durden, www.zerohedge.com While we have previously shown the amazing gimmicks the Chinese central bank does with the short end of the offshore Yuan interbank offered rate, which as previously explained, and as shown in the animation below, has become the PBOC’s favorite means …
