97 Days
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المدينة
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Source: المدينة
97 Daysالمدينة
Source: المدينة
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The People's Bank of China announced the implementation of a direct reverse repurchase operation worth 500 billion yuan (approximately $73.6 billion), aimed at maintaining high liquidity in the banking system. This operation, introduced in October 2024, is a new tool to enhance liquidity management flexibility, conducted monthly for up to one year, with its tenders priced at multiple interest rates for three-month tenors. These operations contribute to strengthening China's monetary policy tools and complement previous measures such as short-term reverse repos and treasury bonds.
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