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Reverse repo contracts worth 160 bln yuan set to mature
A total of 160 billion yuan (about 22.9 billion U.S. dollars) of reverse repo contracts are set to mature in the coming week, Securities Times reported.
July27,2020
China cuts reverse repo rate by 20 basis points to facilitate lending
China's central bank on Monday pumped liquidity into the market through seven-day reverse repos while cutting the interest rate by 20 basis points to lower lending costs and offset the economic shock of the novel coronavirus disease (COVID-19) outbreak.
March30,2020
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