Central Bank Conducts 20.5 Billion Yuan 7-Day Reverse Repurchase Operation

People’s Financial News, March 20 — On March 20, the People’s Bank of China conducted a 7-day reverse repurchase operation of 20.5 billion yuan at a fixed interest rate through a quantity-based bidding method, with an operation rate of 1.4%. Today, 37.5 billion yuan of 7-day reverse repos matured.

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