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PBOC Conducts RMB612B Reverse Repo Operation Tdy
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The People's Bank of China (PBOC) conducted a 7-day reverse repo operation worth RMB612 billion in the open market today (9th), with the operation rate unchanged at 1.4% and RMB2.06 trillion of reverse repos maturing today.

On the same day, the PBOC also conducted a 3-month outright reverse repo operation worth RMB1.1 trillion to maintain ample liquidity in the banking system.

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