Announcement on Open Market Operations No.205 [2023]
(Open Market Operations Office, October 20, 2023)
In order to offset the impact of factors such as the peak of tax period and the payments of government bond issuance, and to keep the liquidity in the banking system adequate at a reasonable level, the People’s Bank of China conducted reverse repo operations in the amount of RMB828 billion through interest rate bidding on October 20, 2023.
Details of the Reverse Repo Operations
Maturity |
Volume |
Rate |
7 days |
RMB828 billion |
1.80% |
Date of last update
Nov. 29 2018