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01.05.202604:26:10UTC+00PBoC to Inject CNY 300 Billion via Reverse Repo

The People’s Bank of China has announced it will conduct an outright reverse repo operation of CNY 300 billion on May 6 to ensure ample liquidity in the banking system. The move underscores ongoing efforts to stabilize funding conditions and support financial markets. The operation will adopt a fixed-quantity approach and be carried out through interest-rate bidding, with successful bids allocated across multiple price levels. The facility will have a tenor of three months, or 91 days.

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