Core Viewpoint - The People's Bank of China (PBOC) conducted a net injection of 29.5 billion yuan through reverse repos on May 16, 2025, following a total of 106.5 billion yuan in 7-day reverse repos, with 77 billion yuan maturing on the same day [1]. Group 1: Reverse Repo Operations - On May 16, 2025, the PBOC executed a reverse repo operation of 106.5 billion yuan for a 7-day term, resulting in a net injection of 29.5 billion yuan after accounting for 77 billion yuan maturing [1]. - For the week, the PBOC conducted a total of 486 billion yuan in 7-day reverse repos, with 836.1 billion yuan in reverse repos and 125 billion yuan in one-year Medium-term Lending Facility (MLF) maturing, leading to a net withdrawal of 475.1 billion yuan [1]. Group 2: Maturity and Interest Rates - On May 15, 2025, 158.6 billion yuan in 7-day reverse repos matured, while 1.25 billion yuan in one-year MLF also matured [3]. - The interest rate for the 7-day reverse repos conducted on May 15 and May 16 was 1.4% [3].

Group 1 - The People's Bank of China conducted a 7-day reverse repurchase operation of 106.5 billion yuan today, maintaining the operation rate at 1.40% [1] - A total of 77 billion yuan in reverse repos is set to mature today [1] - Throughout the week, the People's Bank of China has conducted a total of 486 billion yuan in 7-day reverse repurchase operations, with 836.1 billion yuan in 7-day reverse repos and 125 billion yuan in 1-year MLF maturing this week, resulting in a net withdrawal of 475.1 billion yuan [1]