China central bank to inject 1.1 trillion yuan via outright reverse repos on October 9

30-09-2025 19:15 HKT

Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS

China's central bank said on Tuesday it would conduct 1.1 trillion yuan (HK$1.2 trillion) of outright reverse repurchase agreements on October 9.

The People's Bank of China said the repo operations aimed to "keep banking system liquidity reasonably ample". The tenor of the repos for the operation will be three months.

REUTERS

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