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PBOC to Conduct RMB1T Outright Reverse Repo Tmr
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To maintain ample liquidity in the banking system, the People's Bank of China (PBOC) will conduct RMB1 trillion outright reverse repo on 5 December (tomorrow) through fixed quantity, interest rate bidding, and multiple price bidding methods, with a term of 3 months, as announced by the PBOC. AASTOCKS Financial News Website: www.aastocks.com |
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