Global Economy

PBoC will conduct overnight reverse repos from October 21st to November 2nd via fixed-rate, quantity-based tenders, capped at CNY 1tln daily, and will include foreign-invested RMB settlement banks among eligible counterparties

StockNow breaking-news AI analysis

The October 20 headline reports planned PBoC overnight reverse repos from October 21 to November 2, capped at CNY 1 trillion daily, with foreign-invested RMB settlement banks eligible.

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