Where to begin
A financial front-line update on August 3rd reveals that, according to the central bank's official website, on August 3, 2026, the People's Bank of China executed a 630 billion yuan 7-day reverse repurchase agreement using a fixed-rate, quantity-based bidding method. This operation fully met the demand from primary dealers.
Additionally, the central bank conducted a 300 billion yuan overnight reverse repurchase operation.
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