In 2026, the central treasury will conduct a bidding process for commercial banks to place fixed-term deposits, with a transaction volume of 180 billion yuan.

In order to improve the efficiency of the use of central treasury cash, 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 banks' fixed-term deposits through the People's Bank of China's commercial bank fixed-term deposit business system on June 23, 2026 from 9:00 to 9:30. The operation amount for this period is 180 billion yuan, with a term of 3 months, starting on June 23, 2026 and ending on September 22, 2026. The bidding will be conducted through interest rate bidding and single-price bidding methods, targeting the participation of commercial banks in the central treasury cash management commercial bank fixed-term deposit business. Matters related to the bidding process will be implemented in accordance with the "Operating Rules for the Central Treasury Cash Management Commercial Bank Fixed-Term Deposit Business" and the "Rules for the Bidding of Central Treasury Cash Management Commercial Bank Fixed-Term Deposits" and other relevant regulations.