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The People's Bank of China will conduct 800 billion yuan of outright reverse repurchase operations
The People’s Bank of China announced on March 5th that to maintain ample liquidity in the banking system, it will conduct 800 billion yuan of 3-month (91-day) fixed-term reverse repurchase operations through fixed amount, interest rate bidding, and multiple price winning methods on March 6th. (Reporters Ren Jun and Wu Yu)
(Edited by Wen Jing)
Keywords: Central Bank Reverse Repurchase