The People’s Bank of China conducted a 7-day reverse repurchase operation of 526 billion yuan today, with a bid amount of 526 billion yuan and a winning amount of 526 billion yuan. The operation rate was 1.40%, unchanged from previous levels. According to iFinD data from Tonghuashun, 852.4 billion yuan of 7-day reverse repos matured today, along with 600 billion yuan of 14-day reverse repos maturing.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
People's Bank of China: Today, conducted 526 billion yuan 7-day reverse repo operations
The People’s Bank of China conducted a 7-day reverse repurchase operation of 526 billion yuan today, with a bid amount of 526 billion yuan and a winning amount of 526 billion yuan. The operation rate was 1.40%, unchanged from previous levels. According to iFinD data from Tonghuashun, 852.4 billion yuan of 7-day reverse repos matured today, along with 600 billion yuan of 14-day reverse repos maturing.