The central bank launches open market buyout reverse repurchase operation tool

The central bank has decided to launch the open market buyout reverse repurchase operation tool from now on. The operation target is the primary dealers in the open market business. In principle, the operation will be carried out once a month for a period of no more than one year. Open market buyout reverse repurchase adopts fixed quantity, interest rate bidding, and multiple price bidding. The repurchase targets include Treasury Bond, local government bonds, financial bonds, corporate credit bonds, etc. The results of the operation will be disclosed to the public through the relevant columns of official website of the People's Bank of China.