The People's Bank of China offered a total CNY 10 billion of seven-day reverse repos at an interest rate of 2.2 percent on October 14th 2021, with CNY 100 billion maturing on the same day, the central bank drained a net CNY 90 billion on the day. The central bank said the move aims to maintain the reasonable and sufficient liquidity, suggesting a normalizing policy after injecting around CNY 100 billion per day before the one-week holiday ended on October 7th to fulfil rising liquidity demand. source: People's Bank of China
Reverse Repo Rate in China averaged 2.78 percent from 2012 until 2021, reaching an all time high of 4.40 percent in July of 2013 and a record low of 2.20 percent in March of 2020. This page provides - China Reverse Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. China 7-Day Reverse Repo Rate - values, historical data and charts - was last updated on October of 2021.
Reverse Repo Rate in China is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China 7-Day Reverse Repo Rate is projected to trend around 2.20 percent in 2022, according to our econometric models.