Wire flash
PBOC Conducts 32 Billion Yuan 7-Day Reverse Repo at 1.40%
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The People's Bank of China (PBOC) conducted a 7-day reverse repo operation totaling 32 billion yuan on the reported date. The bid volume and awarded volume were both 32 billion yuan, indicating full allotment. The operation rate was set at 1.40%. This routine open market operation is part of the PBOC's efforts to manage short-term liquidity in the banking system. The data was reported by financial information provider Jin10.
Source report
The People's Bank of China (PBOC) conducted a 7-day reverse repo operation today, with the following details:
- Bid volume: 32 billion yuan
- Awarded volume: 32 billion yuan
- Operation rate: 1.40%
Source
金十数据Neutral / independent
Part of this Story
PBOC injects 563.3 billion yuan via 7-day and 14-day reverse repos on September 18