In order to maintain reasonable and sufficient liquidity in the banking system, on February 11, 2022, the People's Bank of China launched a 20 billion yuan reverse repurchase operation through interest rate bidding.
The winning bid rate was 2.1%, the same as before.
Screenshot from the official website of the Central Bank.
As 200 billion yuan of reverse repurchase expired on the 11th, a net withdrawal of 180 billion yuan was realized on that day.
This week, the central bank conducted a total of 100 billion yuan of reverse repurchase operations.
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