In 2026, the central treasury will conduct a commercial bank bidding for fixed-term deposits with a total volume of 100 billion yuan.

In order to improve the efficiency of cash utilization in the central treasury, strengthen the coordination between fiscal policy and monetary policy, the Ministry of Finance and the People's Bank of China will conduct a bidding for the central treasury cash management commercial bank fixed-term deposit business through the People's Bank of China's central treasury cash management commercial bank fixed-term deposit business system from 9:50 to 10:20 on the morning of June 23, 2026. The operation amount for this period is 100 billion yuan, with a term of 1 month, the interest start date is June 23, 2026, and the maturity date is July 21, 2026. The bidding will be conducted through bid rate and single price bidding method for commercial banks participating in the central treasury cash management commercial bank fixed-term deposit business. The bidding matters shall be implemented in accordance with the "Operating Rules for Central Treasury Cash Management Commercial Bank Fixed-term Deposit Business" and the "Bidding Rules for Central Treasury Cash Management Commercial Bank Fixed-term Deposit". (Note: This translation is a rough interpretation and may not be exact. For legal or formal documents, it is recommended to seek a professional translation service.)