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PBOC to Conduct RMB800B Outright Reverse Repo Next Mon
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To maintain ample liquidity in the banking system, the People's Bank of China (PBOC) will conduct RMB800 billion outright reverse repo next Monday (17th) through fixed quantity, interest rate bidding, and multiple price bidding methods. The term will be six months (182 days). AASTOCKS Financial News Website: www.aastocks.com |
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