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PBOC Injects 2.1 trillion Yuan Liquidity Over Week

7/29/2026

Summary

Story summary

The People’s Bank of China injected 206.5 billion yuan via seven-day reverse repos at 1.40% on July 29 2026.
It also supplied 600 billion yuan through overnight repos, keeping the borrowing cost at 1.25%.
The central bank plans a total liquidity injection of 2.1 trillion yuan between July 29-31 and August 3 2026.
Deputy Governor Zou Lan said the frequency of overnight repos will rise to manage ultra-short-term liquidity, with the seven-day rate staying the primary policy rate.

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Story summary

The People’s Bank of China injected 206.5 billion yuan via seven-day reverse repos at 1.40% on July 29 2026.
It also supplied 600 billion yuan through overnight repos, keeping the borrowing cost at 1.25%.
The central bank plans a total liquidity injection of 2.1 trillion yuan between July 29-31 and August 3 2026.
Deputy Governor Zou Lan said the frequency of overnight repos will rise to manage ultra-short-term liquidity, with the seven-day rate staying the primary policy rate.