China's central bank conducts 2 billion yuan 7-day reverse repo at unchanged 1.40%

In short

China's central bank carried out a 2 billion yuan 7-day reverse repurchase operation on October 9, according to CLS, Yicai and 36Kr. CLS and 36Kr reported that the operation rate was 1.40%, unchanged from before.

Why it matters

The operation was reported by business and tech outlets as a routine market item. CLS and 36Kr reported that the rate was unchanged from the previous level.

Key facts

• The central bank conducted a 7-day reverse repurchase operation on October 9. [ 1 , 2 , 3 ]
• The operation amounted to 2 billion yuan. [ 1 , 2 , 3 ]
• The operation rate was 1.40%. [ 1 , 3 ]
• The rate was unchanged from before. [ 1 , 3 ]

What local media are saying

Timeline, local time

1. 09:21CLS reports the central bank's 2 billion yuan 7-day reverse repo at 1.40%, unchanged. [ 1 ]
2. 09:24Yicai reports the 2 billion yuan 7-day reverse repo operation. [ 2 ]
3. 09:2936Kr reports the operation and the unchanged 1.40% rate. [ 3 ]