China’s PBC issues 449.2b yuan off reverse repo

The People’s Bank of China (PBC) announced on Tuesday, July 29, 2025, a 7-day 449.2-billion-yuan reverse repo at an interest rate of 1.40 per cent.

Reverse repo is a tool used by central banks to manage liquidity. The PBC purchases securities from commercial banks through a bidding process, with an agreement to resell them back in the future.

Attribution: Amwal Al Ghad English

Subediting: M. S. Salama