PBOC to Conduct RMB 500 Billion Six-Month Outright Reverse Repo on September 15, 2026
The People's Bank of China issued an announcement that, in order to keep liquidity ample in the banking system, it will conduct an outright reverse repurchase operation of RMB 500 billion on September 15, 2026.
The operation will be carried out through fixed quantity, interest rate bidding, and multiple-price award, with a term of six months (181 days). The maturity date is March 15, 2027, extended if it falls on a holiday.
The announcement also specified the amount, term, bidding method, and maturity arrangements of the operation.
Why this event matters
The event has a measured impact on 4 industrys. The strongest current signal is positive for Commercial Banks, with intensity 45/100 and 60% confidence over a short term horizon.
Commercial Banks
- Direction
- positive
- Intensity
- 45
- Confidence
- 60%
- Horizon
- Short term
State-owned Banks
- Direction
- positive
- Intensity
- 40
- Confidence
- 58%
- Horizon
- Short term
Securities Firms
- Direction
- positive
- Intensity
- 40
- Confidence
- 50%
- Horizon
- Short term
Residential Development
- Direction
- positive
- Intensity
- 32
- Confidence
- 42%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.