China's central bank conducts 500 billion yuan of outright reverse repos in October

China's central bank conducts 500 billion yuan of outright reverse repos in October

The tenor of the reverse repos was six months.

© Reuters. FILE PHOTO: Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee//File Photo

Separately, the central bank said it had purchased a net 200 billion yuan of government bonds from primary dealers in open market operations in October, according to official statements.

($1 = 7.1180 Chinese yuan renminbi)

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