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China's c. bank issues 357b yuan off reverse repo
Nada Ali Published in Amwal Al Ghad on 20 - 05 - 2025

The People's Bank of China (PBC) announed on Tuesday a 7-day 357-billion-yuan reverse repo at an interest rate of 1.40 per cent.
Reverse repo is a tool used by central banks to manage liquidity. The PBC purchases securities from commercial banks through a bidding process, with an agreement to resell them back in the future.
Attribution: Amwal Al Ghad English
Subediting: M. S. Salama

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