Xinhua News Agency, Beijing, February 28 (Reporter Ren Jun and Wu Yu) The People's Bank of China issued an announcement on the 28th stating that in order to maintain sufficient liquidity in the banking system, the People's Bank of China carried out a buyout reverse repurchase operation of 1.400 billion yuan in February.
The announcement shows that in February, the People's Bank of China carried out buyout reverse repurchase operations with an operating period of 3 months (91 days) and 6 months (182 days) in fixed quantity, interest rate bidding, and multiple price winning bids, respectively, with operating volumes of 900 billion yuan and 500 billion yuan respectively.
Open market buyout reverse repurchase is a new tool launched by the People's Bank of China on October 28, 2024. Since October last year, the central bank has carried out several buyout reverse repurchase operations.
On the same day, the People's Bank of China also issued an announcement stating that it did not conduct open market treasury bond trading operations in February.
