MIL-OSI China: Announcement on Open Market Operations No.197 [2024]

Source: Peoples Bank of China

Announcement on Open Market Operations No.197 [2024]

(Open Market Operations Office, October 8, 2024)

In order to keep liquidity adequate at a reasonable level in the banking system, the People’s Bank of China conducted reverse repo operations in the amount of RMB41.7 billion through quantity bidding at a fixed interest rate on October 8, 2024.

Details of the Reverse Repo Operations

Maturity

Volume

Rate

7 days

RMB41.7 billion

1.50%

Date of last update Nov. 29 2018

2024年10月08日

MIL OSI China News