CHINA CENTRAL BANK MARKET MOVES - DECEMBER 26, 2024

Tina Collins

26 Dec 2024

The People's Bank of China will carry out a 3-month central bank bill swap.

The total value of the swap is 3.5 billion yuan.

The operation is scheduled for December 26, 2024.

The People's Bank of China injects 106.3 billion yuan into the market.

This is done through 7-day reverse repurchase agreements (reverse repos).

The interest rate for the operation is set at 1.50%.

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