The central bank conducts 24.5 billion yuan 7-day reverse repo operations

Central Bank Notice: On March 12, 2026, the People’s Bank of China conducted a 245 billion yuan 7-day reverse repo operation using a fixed-rate, quantity bidding method. The operation rate was 1.40%, and both the bidding amount and the awarded amount were 245 billion yuan. According to Tonghuashun iFinD data, 230 billion yuan of 7-day reverse repo will mature today. (Central Bank)

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