The People's Bank of China (PBOC) conducted 162 billion yuan of 7-day reverse repos at a fixed rate of 1.40% through a quantity tender on September 17, 2026, fully meeting the demand of primary dealers, with bids and allotments both at 162 billion yuan. The central bank also carried out 600 billion yuan of overnight reverse repos. With 3 billion yuan of 7-day reverse repos and 600 billion yuan of overnight reverse repos maturing the same day, the PBOC achieved a net injection of 159 billion yuan.