The central bank added short-term liquidity at a 1.40% rate, signaling continued support for market funding conditions.
People's Bank of China injected 325.5 billion yuan into markets through 7-day reverse repos at an interest rate of 1.40%, extending short-term liquidity support. Reverse repos (central bank cash injections against securities) are commonly used to manage funding conditions in the banking system and keep money markets stable. The move indicates that the People's Bank of China is keeping liquidity conditions accommodative in the near term.