PBOC to Conduct 500B Yuan 6-Month Reverse Repo on March 16, 2026

Published: Mar 16, 2026 11:38

Save

According to the central bank’s announcement on its open market outright reverse repo tender, on March 16, 2026, the People’s Bank of China will conduct 500 billion yuan of outright reverse repo operations with a tenor of six months (182 days) through a fixed-quantity, interest-rate tender and multiple-price allotment method.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

49 mins ago

[NPI Daily Review] Market Remained Sluggish with Few Transactions, High-Grade NPI Prices Held Steady

[SMM Daily Comment: Sluggish Market with Scarce Transactions, High-Grade NPI Prices Remained Flat] On April 9, the SMM upstream sentiment index for high-grade NPI was 2.71, down 0.03 MoM, and the downstream sentiment index for high-grade NPI was 1.48, down 0.01 MoM.

49 mins ago

1 hour ago

[SMM Stainless Steel Flash] POSCO to Hike Stainless and Carbon Steel Prices Amid Cost Surge

POSCO, South Korea is raising steel prices to offset a deteriorating cost structure. Stainless steel prices for the 300 and 400 series will increase by at least 100,000 won/ton, with an additional 100,000 won hike for the 316L grade. Carbon steel products, including hot-rolled and cold-rolled coils, will also see a 50,000 won/ton increase.

1 hour ago

[SMM Stainless Steel Flash] TISCO Precision Strip Self-Rolled Output Increase in Q1

In the first quarter of 2026, TISCO Precision Strip Co. reported a 12% quarter-on-quarter increase in self-rolled material delivery. Improved process synchronization and expanded capacity effectively lowered fixed costs per unit. Notably, the processing cost per ton for self-rolled materials dropped by 1,201 RMB compared to last year's average, reflecting a significant breakthrough in cost efficiency and operational management.

1 hour ago