China's Central Bank Conducts CNY 25.8 Billion 7-Day Reverse Repo Today at 1.40% Rate

GateNews
People's Bank of China (PBOC) conducted CNY 25.8 billion (approximately USD 3.7 billion) in 7-day reverse repo operations today (May 25), according to an official announcement. The bid amount and settlement amount both matched the offered volume of CNY 25.8 billion, indicating full subscription. The operation rate stood at 1.40%, unchanged from the previous operation.
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