PBOC conducted a securities, fund and insurance company swap facility operation totalling RMB100bn via fee-rate tender. 31 firms participated; clearing rate was 10bp. China International Capital Co was allotted RMB16.3bn. On Nov 4 it completed the first pledged repo under this operation, using the PBOC bill from the 2026 first tranche of the swap facility as collateral.

2026-11-04

PBOC conducted a securities, fund and insurance company swap facility operation totalling RMB100bn via fee-rate tender. 31 firms participated; clearing rate was 10bp. China International Capital Co was allotted RMB16.3bn. On Nov 4 it completed the first pledged repo under this operation, using the PBOC bill from the 2026 first tranche of the swap facility as collateral.