The People’s Bank of China conducted a 7-day reverse repurchase operation of 25 billion yuan today, and the winning bid rate was 2.00%, which was the same as before. As 2 billion yuan of reverse repurchases expired today, there was a net injection of 23 billion yuan.
China’s Central Bank Makes Enormous Cash Injection Today
The People’s Bank of China conducted a 7-day reverse repurchase operation of 25 billion yuan today, and the winning bid rate was 2.00%, which was the same as before.
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