Central Bank: The 14-day reverse repurchase operations in the open market will be adjusted to fixed quantity, interest rate bidding, and multiple price bids starting today.
According to the Securities Times app, on September 19, the People's Bank of China announced that in order to maintain the liquidity of the banking system and better meet the differentiated fund needs of different participating institutions, starting from today, the 14-day reverse repurchase operations in the open market will be adjusted to fixed quantity, rate bidding, and multiple price bidding. The operation time and scale will be determined according to liquidity management needs.
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