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ANNOUNCEMENT OF OPEN MARKET BUSINESS

Announcement of Open Market Business

[2004] No.1

For the purpose of supporting the demand for payment fluidity of commercial banks before the festival, the People’s Bank of China
determined to carry out exclusive operation of reverse repurchase in the American mode of interest rate bidding toward 43 primary
dealers on this Friday (January 16). The bidding volume is 40 billion Yuan, the duration is 14 days, the method of liquidation is
T+0, and the time of bidding is at 11￿￿0-12￿￿0 am, January 16.

The Operating Office of the Open Market Business of the People’s Bank of China

January 16, 2004



 
The Operating Office of the Open Market Business of the People’s Bank of China
2004-01-16