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PBOC to Conduct RMB1.1T Outright Reverse Repo Operation Next Thu w/ 3-mth Term
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To maintain ample liquidity in China's banking system, the People's Bank of China (PBOC) will conduct a RMB1.1 trillion outright reverse repo operation next Thursday (9 October) using a fixed quantity, interest rate bidding and multiple price bidding method, with a term of 3 months (91 days), as announced by the PBOC. AASTOCKS Financial News Website: www.aastocks.com |
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