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FinancePBOC to conduct 7-day reverse repo operations from Sept 14-17, daily cap at 600 billion yuan
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China's central bank, the People's Bank of China (PBOC), announced that it will conduct overnight reverse repo operations from September 14 to September 17. The daily operation volume will not exceed 600 billion yuan. This move is part of the PBOC's routine open market operations to manage short-term liquidity in the banking system and ensure stable money market conditions. The announcement signals the central bank's continued efforts to fine-tune monetary policy and support economic stability. The specific dates and volume cap provide clear guidance to financial markets about the central bank's liquidity management intentions during that period.
Source report
The People's Bank of China (PBOC) has announced that it will conduct overnight reverse repo operations from September 14 to September 17.
According to the central bank's announcement, the daily operation volume will not exceed 600 billion yuan.
Source
rtrsEastern