A · Important
[Central Bank: Bidding for overnight reverse repurchase operations will be carried out every working day from November 2] On October 30, the Central Bank announced that in order to further optimize the short-end interest rate control mechanism, the open market operations will be adjusted as follows from November 2, 2026: 1. Bidding for overnight reverse repurchase operations will be carried out every working day, using fixed interest rates and quantity bidding. The current operating interest rate is 1.25%. 2. The 7-day reverse repurchase operation is adjusted to a fixed quantity, interest rate bidding, and multiple price winning bids, which are mainly carried out during the tax period, the end of the month, and other times. 3. Other instruments that were originally based on the 7-day reverse repurchase operation interest rate plus or minus points, including temporary forward/reverse repurchase, repurchase tools of overseas central bank institutions, etc., have been adjusted to add or subtract points on the basis of the overnight reverse repurchase operation interest rate, and the range of additions and subtractions remains unchanged.
China Central Bank News 🕐 2026-10-30 17:05

Related telegraphs

Comments

0/500
Captcha (click to refresh)
No comments yet