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PBOC Conducts RMB500M Reverse Repo, Nets RMB1.5B Withdrawal
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The People's Bank of China (PBOC) conducted a RMB500 million seven-day reverse repo operation in the open market today (17th), with the operation rate unchanged at 1.4%.

A total of RMB2 billion of reverse repos matured today, resulting in a single-day net withdrawal of RMB1.5 billion.

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