PBOC Conducts 17.76 Billion Yuan 7-Day Reverse Repo at 1.40% Rate

GateNews
According to the People's Bank of China (PBOC), the central bank conducted a 17.76 billion yuan reverse repurchase operation with a 7-day tenor at an interest rate of 1.40% today (May 27), unchanged from the previous day. Additionally, 5 billion yuan worth of earlier reverse repos matured.
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