China's Central Bank Conducts 305.5 Billion Yuan 7-Day Reverse Repo, Maintains Rate at 1.40%

The People's Bank of China conducted a 305.5 billion yuan reverse repurchase agreement operation with a 7-day maturity today (July 28). The amount bid and awarded both matched at 305.5 billion yuan, with the operation rate held steady at 1.40%, unchanged from the previous operation.
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