China's PBOC to conduct $55.7-bn outright reverse repo operation today

16 Jun '25

1 min read

China's PBOC to conduct $55.7-bn outright reverse repo operation today

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China's central bank will conduct a 400-billion-yuan (~$55.7-billion) outright reverse repo operation today to maintain ample liquidity.
The operation will carry a six-month tenor and be conducted using a fixed-quantity, interest-rate-bidding and multiple-price-bidding method.
Such an operation, introduced in October 2024, are carried out once each month with a tenor of no more than a year.

China’s central bank will conduct a 400-billion-yuan (~$55.7-billion) outright reverse repo operation today to maintain ample liquidity in its banking system.

The operation will carry a six-month tenor and be conducted using a fixed-quantity, interest-rate-bidding and multiple-price-bidding method, the People's Bank of China (PBOC) said in a statement.

Outright reverse repo operations, a tool the central bank introduced in October 2024 to manage liquidity, are carried out once each month with a tenor of no more than a year.

This new option has enriched the country's monetary policy toolkit following the introduction of temporary repos, temporary reverse repos and the buying and selling of treasury bonds, a state-controlled news agency reported.

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