PBOC Bought 20 Billion Yuan Bonds in October as Trading Resumed

China’s central bank purchased 20 billion yuan ($2.8 billion) of sovereign debt in October, its first such operation this year, as it stepped up monetary support for the economy.

By Charlie Zhu, Wenjin Lv · Bloomberg Markets

China’s central bank purchased 20 billion yuan ($2.8 billion) of sovereign debt in October, its first such operation this year, as it stepped up monetary support for the economy.