The operation was carried out with a fixed quantity through interest-rate bidding, with winning bids determined at multiple price levels and a maturity period of three months, according to a state-controlled news outlet.
As 1.1-trillion yuan of three-month outright reverse repos are set to mature in January, the latest move represents a rollover of the same amount.
Outright reverse repo operations were introduced in October 2024 to manage liquidity in the national banking system and are carried out each month with a tenor of no more than a year.
ALCHEMPro News Desk (DS)
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