Announcement on Open Market Operations No.176 [2024]
(Open Market Operations Office, September 3, 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 RMB1.2 billion through quantity bidding at a fixed interest rate on September 3, 2024.
Details of the Reverse Repo Operations
Maturity |
Volume |
Rate |
7 days |
RMB1.2 billion |
1.70% |
Date of last update
Nov. 29 2018