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China's central bank to conduct 700-billion-yuan outright reverse repo operation

NAMPA / Xinhua
2025-08-07
BEIJING, Aug. 7 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, said on Thursday that it will conduct a 700-billion-yuan (about 98.11 billion U.S. dollars) outright reverse repo operation on Friday, to maintain ample liquidity in China's banking system. This 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......
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