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PBOC Conducts Reverse Repo of RMB23B Today, Net Withdrawal of RMB297.5B
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The People's Bank of China (PBOC) conducted a RMB23 billion seven-day reverse repurchase operation in the open market today (5th), with the operation rate remaining unchanged at 1.4%.

Today, RMB320.5 billion of reverse repos matured, resulting in a single-day net withdrawal of RMB297.5 billion.

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