PBOC injects 113 billion yuan via reverse repos on Sep 16

The People's Bank of China (PBOC) conducted 110 billion yuan of 7-day reverse repos at a fixed rate of 1.40% on September 16, 2026, fully meeting primary dealers' demand, according to a PBOC statement. The central bank also carried out 600 billion yuan of overnight reverse repos, resulting in a net injection of 113 billion yuan for the day as 597 billion yuan of overnight reverse repos matured.