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China’s PBOC to conduct $55.7-bn outright reverse repo operation today
China’s central bank will conduct a 400-billion-yuan (~$55.7-billion) outright reverse repo operation today to maintain ample liquidity. The operation will carry a six-month tenor and be conducted using a fixed-quantity, interest-rate-bidding and multiple-price-bidding method. Such an operation, introduced in October 2024, are carried out once each month with a tenor of no more than a year.
China’s central bank will conduct a 400-billion-yuan (~$55.7-billion) outright reverse repo operation today to maintain ample liquidity.
The operation will carry a six-month tenor and be conducted using a fixed-quantity, interest-rate-bidding and multiple-price-bidding method.
Such an operation, introduced in October 2024, are carried out once each month with a tenor of no more than a year.
