The central bank conducted a 1 trillion yuan outright reverse repurchase operation today

To maintain ample liquidity in the banking system, today (February 13), the People’s Bank of China conducted a 1 trillion yuan fixed-term, rate-based, multi-price bid reverse repurchase operation, with a 6-month (182 days) maturity.

Combined with previous operations and maturing amounts, the net injection of 600 billion yuan through reverse repos in February is the highest in nearly three months. (CCTV News)

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