PBOC injects 11 trln yuan via reverse repos on Sep 28

The People's Bank of China (PBOC) conducted 139 billion yuan of 7-day reverse repos at a fixed rate of 1.40% on Sep 28, 2026, fully meeting primary dealers' demand, with bids and allotments both at 139 billion yuan. The central bank also carried out 661 billion yuan of overnight reverse repos and 300 billion yuan of 14-day reverse repos through fixed-quantity, rate-based bidding with multiple price awards. A total of 660.3 billion yuan of 7-day reverse repos matured on the same day.

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