In order to support the healthy and stable development of the capital market, the People's Bank of China launched the third batch of convenient exchange operations for securities, funds, and insurance companies on November 3. The operating amount was 100 billion yuan. Using the rate bidding method, 31 securities and fund companies participated in the bidding, and the winning bid rate was 10 bps. As of November 11, Ping An Securities exchange facilitation business has been successfully implemented, and the first repurchase financing transaction and the first batch of purchase operations have been completed.
Zhitongcaijing · 2d ago
Share
Listen to the news
In order to support the healthy and stable development of the capital market, the People's Bank of China launched the third batch of convenient exchange operations for securities, funds, and insurance companies on November 3. The operating amount was 100 billion yuan. Using the rate bidding method, 31 securities and fund companies participated in the bidding, and the winning bid rate was 10 bps. As of November 11, Ping An Securities exchange facilitation business has been successfully implemented, and the first repurchase financing transaction and the first batch of purchase operations have been completed.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending