To maintain ample liquidity in the banking system, the People's Bank of China (PBOC) will today (15th) conduct an RMB600 billion outright reverse repo using a fixed quantity, interest rate bidding, and multiple price winning method, with a term of six months (182 days). Related NewsOutstanding Loan Growth YoY for Sep in China is 6.6%, lower than the previous value of 6.8%. The forecast was 6.7%.