China to Auction RMB70 Billion in 21-Day Central Treasury Deposits on September 17, 2026
The Ministry of Finance and the People's Bank of China will conduct a competitive auction of RMB70 billion in central treasury cash management time deposits with commercial banks on September 17, 2026. The 21-day deposits carry a value date of September 17 and a maturity date of October 8, 2026, with extension for public holidays. Bidding runs from 9:00 to 9:30 a. m. through the central bank's dedicated system and is open to participating banks.
The Ministry of Finance and the People's Bank of China have scheduled the 2026 fifteenth tranche of central treasury cash management time deposits with commercial banks for auction on the morning of September 17, 2026, from 9:00 to 9:30 a. m. The auction will be conducted through the People's Bank of China's central treasury cash management commercial bank time deposit business system. The operation size for this tranche is RMB70 billion.
The deposits have a term of 21 days, with a value date of September 17, 2026, and a maturity date of October 8, 2026, extended accordingly in the event of public holidays. The auction will adopt an interest rate bidding method with multiple-price award and is open to banks participating in the central treasury cash management commercial bank time deposit business.