PBOC Conducts RMB110 Billion 7-Day and RMB600 Billion Overnight Reverse Repos

On September 16, 2026, the People's Bank of China conducted RMB110 billion of 7-day reverse repurchase operations through fixed-rate, quantity-based bidding at an operation rate of 1.40%, fully meeting the demand of primary dealers.

The People's Bank of China also conducted RMB600 billion of overnight reverse repurchase operations the same day. Reverse repurchase agreements worth RMB597 billion matured on that date.