SHANGHAI, Oct 26 (SMM) – On October 26, the People's Bank of China (PBOC) implemented a seven-day reverse repo of 200 billion yuan in the open market, with the bidding interest rate of 2.20%. Data show that 10 billion yuan reverse repurchase is due today.
PBOC Implemented 7-Day Reverse Repo of 200 Billion Yuan in Open Market
On October 26, the People's Bank of China (PBOC) implemented a seven-day reverse repo of 200 billion yuan in the open market, with the bidding interest rate of 2.20%.
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