[2026 Central Treasury Cash Management Commercial Bank Time Deposit (Twenty Period) Bidding Operation volume 100 billion yuan] November 2nd, in order to improve the efficiency of the use of central treasury cash and strengthen the coordination of fiscal policy and monetary policy, the Ministry of Finance and the People's Bank of China are scheduled to conduct bidding for the 2026 central treasury cash management commercial bank time deposit (twenty issues) through the central treasury cash management commercial bank time deposit business system of the People's Bank of China from 9:00 to 9:30 am on November 5, 2026. The current operation volume is 100 billion yuan, with a term of 2 months. The value date is November 5, 2026, and the expiration date is January 7, 2027 (extended on holidays). Bidding will be conducted with interest rate bidding and a single price winning bid for participating banks in the central treasury cash management commercial bank time deposit business. Matters related to bidding and bidding shall be carried out in accordance with the "Operating Procedures for the Time Deposit Business of Central Treasury Cash Management Commercial Banks", the "Tendering and Bidding Rules for Central Treasury Cash Management Commercial Banks' Time Deposits" and relevant regulations.