The Ministry of Finance and the People's Bank of China plan to conduct a bid for the 2026 central treasury cash management commercial bank fixed deposit on July 20th.

The Ministry of Finance and the People's Bank of China will conduct the bidding for the central treasury cash management commercial bank fixed deposits on July 20, 2026 from 9:00 to 9:30 am through the People's Bank of China Central Treasury Cash Management Commercial Bank Fixed Deposit Business System. The amount of this operation is 150 billion yuan, with a tenure of 3 months, starting on July 20, 2026 and ending on October 19, 2026. The bidding will be conducted through interest rate tendering, single-price bidding, targeting the participation banks of the central treasury cash management commercial bank fixed deposit business. The relevant matters of the bidding shall be implemented in accordance with the "Central Treasury Cash Management Commercial Bank Fixed Deposit Business Operation Regulations", "Central Treasury Cash Management Commercial Bank Fixed Deposit Bidding Rules" and related regulations.