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

NAMPA / Xinhua
2025-12-04
BEIJING, Dec. 4 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, on Thursday said that it will conduct a 1-trillion-yuan (about 141.4 billion U.S. dollars) outright reverse repo operation on Friday to maintain ample liquidity in the banking system. The operation will be carried out with a fixed quantity through interest-rate bidding, with winning bids determined at multiple price levels. It will have a tenor of three......
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