China Central Bank to Introduce Overnight Reverse Repos by End of June, Rates Expected at 1.30%-1.40%

According to Jin10, the People's Bank of China will introduce overnight reverse repurchase operations by the end of June. Huaxia Securities projects that short-term overnight rates are likely to converge in the 1.30%-1.40% band, helping to guide the market's funding rate lower.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments