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PBOC: RMB800B Outright Reverse Repo Operation Launched in Mar w/ No National Bond Trading Operations
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The People's Bank of China (PBOC) launched RMB800 billion outright reverse repo in March by means of fixed-quantity, interest rate tender and multiple-price bids, as announced by the PBOC.

Of which, 3-month (91-day) operation amounted to RMB500 billion, while 6-month (182-day) operation amounted to RMB300 billion. No open market national bond trading operation was launched.

Related NewsCore PCE Price Index MoM for Feb in United States is 0.4%, higher than the previous value of 0.3%. The forecast was 0.3%.

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