As a short time as the short-term Bank of ChinaThe public market operation of policy interest rates seven -day reverse repurchase interest rate has been reduced again.
The People's Bank of China issued an announcement on Tuesday (June 13) that in orderIn the periodic reverse repurchase operation, the winning bid interest rate decreased by 10 basis points to 1.90%.
According to the surging news report, the seven -day reverse repurchase interest rate of the public market was reduced, which was the last time it was on August 15, 2022.At that time, the People's Bank of China simultaneously lowered the one -year interim borrowing convenience (MLF) interest rate (MLF) interest rate and seven -day reverse repurchase interest rate for short -term policy interest rates, which were all 10 basis points.
Bloomberg's analysis pointed out that a number of economic data released last month showed that the momentum of China's economic recovery has weakened.This month, commercial banks have lowered deposit interest rates, while reducing costs while helping boost the economy, showing the consideration of decision -making layers in terms of steady growth.
