Thursday, May 19, 2016

China's money rates fall, treasuries up on the week after sharp April lending drop

By Nathaniel Taplin

SHANGHAI, May 20 (Reuters) - China's primary money rates were down on the week as central

bank open market injections kept liquidity abundant, but investors sold off treasuries after

April lending data released a week ago suggested authorities may have begun paring back on large

scale monetary easing.

The volume-weighted average rate of the benchmark seven-day repo traded in the

interbank market, considered the best indicator of general liquidity in China, was 2.2519

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