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The central bank conducts 20.5 billion yuan 7-day reverse repurchase operations
Central Bank Announcement: On March 20, 2026, the People’s Bank of China conducted a 7-day reverse repurchase operation worth 20.5 billion yuan through fixed-rate, quantity-based bidding. The operation rate was 1.40%, with both the bid amount and the winning amount at 20.5 billion yuan. According to Tonghuashun iFinD data, 37.5 billion yuan of 7-day reverse repos matured today.