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PBOC Surprises by Withholding Rate on Debut Overnight Operation
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PBOC Surprises by Withholding Rate on Debut Overnight Operation

Bloomberg Markets · Jun 29, 2026, 1:41 AM

China’s central bank held its debut overnight reverse repo operation without disclosing the rate of interest it charged on its new instrument, in a surprise move to traders awaiting guidance on borrowing costs.

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