MIL-OSI China: Announcement on Open Market Operations No.175 [2024]

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Source: Peoples Bank of China

Announcement on Open Market Operations No.175 [2024]

(Open Market Operations Office, September 2, 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 RMB3.5 billion through quantity bidding at a fixed interest rate on September 2, 2024.

Details of the Reverse Repo Operations

Maturity

Volume

Rate

7 days

RMB3.5 billion

1.70%

Date of last update Nov. 29 2018

2024年09月02日

MIL OSI China News