Announcement on Open Market Operations No.165 [2024]
(Open Market Operations Office, August 21, 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 RMB258 billion through quantity bidding at a fixed interest rate on August 21, 2024.
Details of the Reverse Repo Operations
Maturity |
Volume |
Rate |
7 days |
RMB258 billion |
1.70% |
Date of last update
Nov. 29 2018