ComputeLabs Research

The People’s Bank of China (PBOC) injected RMB 32 billion through seven-day reverse repurchases at an unchanged 1.40% interest rate.

· ComputeLabs Research · from the September 20, 2026 edition

The People’s Bank of China (PBOC) conducted RMB 32 billion of seven-day reverse-repurchase operations, according to a financialjuice message citing a statement. The operation’s rate was 1.40%, unchanged from the previously reported 1.40%.

The RMB 32 billion figure describes the reported operation size. The message does not supply same-day maturities, so it does not establish an equivalent net liquidity injection after all offsetting operations.

Separate coverage listed RMB 272 billion of reverse-repurchase maturities for September 21–24: none on Monday or Tuesday, RMB 110 billion on Wednesday, and RMB 162 billion on Thursday. It also identified RMB 180 billion of three-month treasury cash deposits maturing on September 22, a separate item from the seven-day reverse-repurchase operation.

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