The central bank will launch the second securities, fund and insurance company swap convenience operation in the near future
2024-12-31 04:46:14
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On December 31st, the People's Bank of China will launch the second securities, fund and insurance company swap convenience operation in the near future. The swap period is 1 year, which can be extended according to the situation. It will operate for eligible securities, fund and insurance companies. The swap rate will be determined by the bidding of participating institutions. Submissions from institutions will be accepted from now on.
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