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PBOC Conducts Reverse Repo of RMB145B Today, Net Injection of RMB113.5B
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The People's Bank of China (PBOC) conducted today (13th) a seven-day reverse repo of RMB145 billion in the open market, with the operation rate remaining unchanged at 1.4%. Today, RMB31.5 billion of reverse repos matured, resulting in a single-day net injection of RMB113.5 billion.

On the same day, the PBOC conducted an RMB1 trillion outright reverse repo with a six-month (182-day) term using a fixed-quantity, interest rate bidding, and multiple price-winning method. Today, RMB500 billion of outright reverse repos matured.

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