SHANGHAI, Sept. 22 (SMM) – The People's Bank of China (PBOC) will carry out two reverse repurchase operations today, while another reverse repos will become due on the same day.
The central bank will conduct 100 billion yuan of 7-day reverse repos and 20 billion yuan of 28-day reverse repos. But, this will be offset by 120 billion yuan of maturing reverse repos.
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