Official announcements from the People's Bank of China

PBOC Launches Monthly Reverse Repo Operations to Ensure Liquidity

Oct 28, 2024, 12:07 AM

The People's Bank of China (PBOC) announced the launch of an outright open market reverse repo tool, effective immediately. This facility aims to maintain and ensure sufficient liquidity in the financial system. The operations will be conducted with primary dealers and will generally occur once per month, with a maximum term of one year. This move is part of the central bank's efforts to stabilize the financial markets and manage liquidity.