China's PBOC to conduct $141.4-bn outright reverse repo operation
05 Dec '25
1 min read
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Insights
The People's Bank of China (PBOC) yesterday announced it will conduct a 1-trillion-yuan ($141.4-billion) outright reverse repo operation today to maintain ample liquidity in the banking system.
The operation, with a tenor of 91 days, will be carried out with a fixed quantity through interest-rate bidding, with winning bids determined at multiple price levels.
China’s central bank yesterday announced it will conduct a 1-trillion-yuan ($141.4-billion) outright reverse repo operation today to maintain ample liquidity in the banking system.
The operation, with a tenor of 91 days, will be carried out with a fixed quantity through interest-rate bidding, with winning bids determined at multiple price levels, a state-controlled media outlet reported.
The People's Bank of China (PBOC) yesterday announced it will conduct a 1-trillion-yuan ($141.4-billion) outright reverse repo operation today to maintain ample liquidity in the banking system.
The operation, with a tenor of 91 days, will be carried out with a fixed quantity through interest-rate bidding, with winning bids determined at multiple price levels.
Outright reverse repo operations—a tool the People’s Bank of China (PBOC) introduced in October 2024 to manage liquidity in the national banking system—are carried out each month with a tenor of no more than one year.