Source: Peoples Bank of China
Announcement on Open Market Operations No.210 [2024]
(Open Market Operations Office, October 24, 2024)
In order to offset the impact of factors such as tax peak, 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 RMB798.9 billion through quantity bidding at a fixed interest rate on October 24, 2024.
Details of the Reverse Repo Operations
|
Maturity |
Volume |
Rate |
|
7 days |
RMB798.9 billion |
1.50% |
Date of last update Nov. 29 2018
2024年10月24日