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PBOC Conducts Reverse Repo of RMB78.5B Today, Net Injection of RMB58B
The People's Bank of China (PBOC) conducted a seven-day reverse repo operation of RMB78.5 billion today (25th) in the open market, with the operation rate remaining at 1.4%. To...
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PBOC Conducts Reverse Repo of RMB78.5B Today, Net Injection of RMB58B
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The People's Bank of China (PBOC) conducted a seven-day reverse repo operation of RMB78.5 billion today (25th) in the open market, with the operation rate remaining at 1.4%. Today, RMB20.5 billion in reverse repos matured, resulting in a single-day net injection of RMB58 billion.

To maintain ample liquidity in the banking system, the PBOC will conduct an RMB500 billion one-year Medium-term Lending Facility (MLF) operation today, using a fixed quantity, rate bidding, and multiple price bidding method. Today, RMB400 billion in MLF is due to mature.

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