This week, the People's Bank of China will have 719 billion yuan of reverse repurchase agreements maturing in the open market.
Among them, the amounts due on Monday through Thursday are 218.5 billion yuan, 153 billion yuan, 159 billion yuan, and 188.5 billion yuan respectively, with the market closed on Friday for the Dragon Boat Festival. In addition, on Monday, there will be 70 billion yuan of national treasury cash deposits due, and 600 billion yuan of 182-day term reverse repurchase agreements due, and on Thursday, there will be 180 billion yuan of national treasury cash deposits due. The People's Bank of China will conduct another 600 billion yuan 6-month term reverse repurchase agreement on Monday.
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