The People's Bank of China (PBOC) announced in its open market operations notice that, to maintain ample liquidity in the banking system and better meet the differentiated funding needs of various participating institutions, the 14-day reverse repo operations in the open market will be adjusted to a fixed amount, interest rate tendering, and multiple price bidding starting today.The operation time and scale will be determined based on liquidity management needs.Related NewsLoan Prime Rate 1Y for 2025 in China is 3.0%, unchanged from its last period. The forecast was 3.0%.