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PBOC to Conduct RMB800B Outright Reverse Repo Operation Tmr
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To maintain ample liquidity in the banking system, the People's Bank of China (PBOC) announced that it will conduct an RMB800 billion outright reverse repo operation tomorrow (6th) by means of a fixed quantity, interest rate bidding, and multiple price bidding, with a term of three months (91 days). AAStocks Financial News |
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