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China's central bank to conduct 1-trillion-yuan outright reverse repo operation

NAMPA / Xinhua
2025-06-05
BEIJING, June 5 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, said Thursday that it will conduct a 1-trillion-yuan (about 139 billion U.S. dollars) outright reverse repo operation on Friday to maintain ample liquidity in the banking system. The operation will carry a three-month tenor and be conducted using a fixed-quantity, interest-rate-bidding and multiple-price-bidding method, according to the PBOC statement.......
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