Announcement on Open Market Operations No.175 [2024]

    To Read Chinese Version

    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