China Central Bank Uses Liquidity Tool to Fund Share Purchases
Story updates
09:12:10 AM UTC
SquawkNews
China's central bank said on Monday it will conduct swap facility operations for securities, fund and insurance firms on November 3.A total of 31 firms applied, with an allotment amount of 100 billion yuan ($15.04 billion), the central bank added. The tool allows institutions to obtain liquidity to…