The Ministry of Finance and the PBOC will hold the 18th central treasury cash management commercial bank term deposit tender on Oct 20, 2026, 09:00–09:30 via the PBOC central treasury cash management term deposit system. Size CNY 50 bln, tenor 3 months; value date Oct 20, 2026, maturity Jan 19, 2027 (deferred for public holidays). Bids open to participating commercial banks, using rate bidding with single-price allocation. Operation executed under existing central treasury cash management term d

The Ministry of Finance and the PBOC will hold the 18th central treasury cash management commercial bank term deposit tender on Oct 20, 2026, 09:00–09:30 via the PBOC central treasury cash management term deposit system. Size CNY 50 bln, tenor 3 months; value date Oct 20, 2026, maturity Jan 19, 2027 (deferred for public holidays). Bids open to participating commercial banks, using rate bidding with single-price allocation. Operation executed under existing central treasury cash management term deposit procedures and bidding rules; stated aim is to improve treasury cash use efficiency and coordinate fiscal and monetary policy.