The central bank's reverse repurchase operations net withdrew 297.5 billion yuan today

Gelonghui March 5 | People’s Bank of China: Today conducted 23 billion yuan of 7-day reverse repo operations, with a bid amount of 23 billion yuan, a successful bid of 23 billion yuan, and an operation rate of 1.40%, unchanged from previous. Due to 320.5 billion yuan of 7-day reverse repos maturing today, a net withdrawal of 297.5 billion yuan was realized.

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