Central Bank: Overnight reverse repurchase operations will be carried out from July 29 to July 31 and August 3

The Zhitong Finance App learned that on July 24, the People's Bank of China announced that in order to better match the short-term liquidity needs of the banking system, the People's Bank of China will carry out overnight reverse repurchase operations from July 29 to July 31 and August 3, using fixed interest rates and volume tenders. From July 29 to July 31, 600 billion yuan was launched daily, and on August 3, 300 billion yuan was launched.

This article was selected from the official website of the “People's Bank of China”, Zhitong Finance Editor: Liu Jiayin.