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This Week, Central Bank's Reverse Repo Operations Lead to a Net Fund Withdrawal of 1,204.7 Billion Yuan
1 week ago /
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Author：小编
On September 5, the People's Bank of China (PBOC) carried out a 7-day reverse repo operation, injecting 188.3 billion yuan into the market, while keeping the operating interest rate steady at 1.40%. On the same day, as 782.9 billion yuan worth of reverse repos reached maturity, there was a net withdrawal of funds amounting to 594.6 billion yuan. Over the course of this week, the central bank conducted a total of 1,068.4 billion yuan in 7-day reverse repo operations. Meanwhile, the maturing volume for the week stood at 2,273.1 billion yuan, culminating in a net withdrawal of 1,204.7 billion yuan for the entire week.
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