The People's Bank of China conducted a CNY 100 billion operation under its swap facility for securities firms, fund companies and insurers in response to participating institutions' demand, using a fee rate tender in which 31 securities firms and fund companies bid and the winning fee rate was 10 basis points.
PBOC conducts CNY 100 billion swap facility operation with a winning fee rate of 10 basis points
The People's Bank of China carried out a CNY 100 billion swap facility operation for securities firms, fund companies and insurers, with 31 securities firms and fund companies participating in the tender and a winning fee rate of 10 basis points.