Announcement on Open Market Operations No.207 [2022]
Announcement on Open Market Operations No.207 [2022]
(Open Market Operations Office, October 25, 2022)
In order to hedge the impact of peak tax periods and government bond subscriptions and keep the liquidity in the banking system adequate at a reasonable level at month-end, the People’s Bank of China conducted reverse repo operations in the amount of RMB230 billion through interest rate bidding on October 25, 2022.
Details of the Reverse Repo Operations
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