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PBOC Mounts RMB558B 7-day Reverse Repo Tdy
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The People's Bank of China (PBOC) launched a RMB558 billion 7-day reverse repo in the open market today (12th), with the interest rate unchanged at 1.5%.

Today, there was RMB697 billion of reverse repo maturity, representing a single-day net inflow of RMB139 billion.

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