Source: Peoples Bank of China
Announcement on Open Market Operations No.209 [2024]
(Open Market Operations Office, October 23, 2024)
In order to offset the impact of factors such as the open market reverse repo maturity and tax periods, and 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 RMB792.7 billion through quantity bidding at a fixed interest rate on October 23, 2024.
Details of the Reverse Repo Operations
|
Maturity |
Volume |
Rate |
|
7 days |
RMB792.7 billion |
1.50% |
Date of last update Nov. 29 2018
2024年10月23日