The People's Bank of China (PBOC) conducted a RMB5 billion seven-day reverse repo operation in the open market today (21st), with the operation rate unchanged at 1.4%. A total of RMB1 billion in reverse repos matured today, resulting in a single-day net injection of RMB4 billion. Related NewsLoan Prime Rate 1Y for April 2026 in China is 3.00%, unchanged from its last period. The forecast was 3.0%.
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