Announcement on Open Market Operations No.161 [2024]
(Open Market Operations Office, August 15, 2024)
To hedge against the impact of factors such as the maturity of medium-term lending facility (MLF), tax peak periods and payments for government bond issuances, 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 RMB577.7 billion through quantity bidding at a fixed interest rate on August 15, 2024.
Details of the Reverse Repo Operations
Maturity |
Volume |
Rate |
7 days |
RMB577.7 billion |
1.70% |
The MLF due today will be renewed on 26 August, 2024.
Date of last update
Nov. 29 2018
