The People's Bank of China (PBOC), the country's central bank, skipped reverse repos for the 16th straight trading day on Thursday.
The banking system reports reasonable and sufficient liquidity at present, the PBOC said in an online statement.
No reverse repos matured Thursday.
A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future. Enditem
