MIL-OSI China: Announcement on Open Market Operations No.136 [2024]

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Source: Peoples Bank of China

Announcement on Open Market Operations No.136 [2024]

(Open Market Operations Office, July 11, 2024)

In order to keep liquidity adequate at a reasonable level in the banking system, the People’s Bank of China conducted reverse repo operations in the amount of RMB2 billion through interest rate bidding on July 11, 2024.

Details of the Reverse Repo Operations

Maturity

Volume

Rate

7 days

RMB2 billion

1.80%

Date of last update Nov. 29 2018

MIL OSI China News