The central bank will launch a 500 billion yuan reverse repurchase operation today.

The People's Bank of China announced on April 14 that it will conduct 500 billion yuan of reverse repurchase operations on April 15 using fixed quantity, rate bidding, and multiple price winning methods, with a term of 6 months. After this operation, the reverse repurchase of two varieties in April will both be reduced, with a total net return of 400 billion yuan.