China's Central Bank Conducts 600 Billion Yuan Reverse Repo as May Bond Financing Gains

According to Jin10, China's central bank conducted 600 billion yuan in buy-back reverse repo operations on June 15. The central bank also released May financial data showing increased bond financing proportion and optimized loan allocation. Additionally, the central bank is seeking public feedback on adjusting deposit-type financial institution bond repurchase rates (DR) to reference floating-rate certificates of deposit.
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