China's central bank conducted 5 billion yuan of 7-day reverse repos at a fixed interest rate of 1.40% on Aug 31, 2026, fully meeting primary dealers' demand, with bids and winning bids both at 5 billion yuan. The People's Bank of China also conducted 447 billion yuan of overnight reverse repos on the same day. With 340 billion yuan of 7-day reverse repos and 333 billion yuan of overnight reverse repos maturing, the operations resulted in a net withdrawal of 221 billion yuan.