TMTPOST — The People’s Bank of China conducted 412 billion yuan of seven-day reverse repurchase operations on October 27 using a fixed-rate, quantity-based tender that fully met primary dealers’ demand. The central bank simultaneously carried out 1 trillion yuan of overnight reverse repurchase operations. With 398 billion yuan of overnight reverse repos maturing the same day, the net injection totaled 1.014 trillion yuan. The seven-day reverse repo rate remained unchanged at 1.40%.