Central Bank Executes 454.5 Billion Yuan 7-Day Reverse Repo Operation Today
2 week ago / Read about 0 minute
Author:小编   

Today, the Central Bank executed a 7-day reverse repo operation amounting to 454.5 billion yuan, with an operational interest rate set at 1.40%. The bid amount and the amount accepted were both 454.5 billion yuan. This action is intended to fine-tune market liquidity and maintain an equilibrium between the supply and demand of funds.