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China's interbank money market turnover grows 22.43%

Updated: Jul 18,2020 03:03 PM    Xinhua

BEIJING — China's interbank money market recorded 91.1 trillion yuan (about $13 trillion) worth of transactions in June, up 22.43 percent year-on-year, latest data from the People's Bank of China showed.

The pledged repo turnover rose 27.44 percent year-on-year to 78.1 trillion yuan, while outright repo turnover was 600 billion yuan, down 11.39 percent from the same period last year, the central bank said in a report.

Also in June, interbank lending transactions shrank 0.4 percent year-on-year to 12.3 trillion yuan.

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