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The People's Bank of China: Conducted a 500 million yuan 7-day reverse repo operation today
People’s Bank of China: Today it conducted a reverse repurchase operation of 500 million yuan for 7 days. The bid amount was 500 million yuan, and the amount accepted was 500 million yuan. The operating interest rate was 1.40%, unchanged from the previous level. According to Tonghuashun iFinD data, today there are 302.0 billion yuan of 7-day reverse repurchase agreements due.