Announcement on Open Market Operations No.214 [2024]

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    Announcement on Open Market Operations No.214 [2024]

    (Open Market Operations Office, October 30, 2024)

    In order to keep liquidity adequate at a reasonable level in the banking system at month-end, the People’s Bank of China conducted reverse repo operations in the amount of RMB431 billion through quantity bidding at a fixed interest rate on October 30, 2024.

    Details of the Reverse Repo Operations

    Maturity

    Volume

    Rate

    7 days

    RMB431 billion

    1.50%

    Date of last update Nov. 29 2018
    2024年10月30日