[People's Bank of China: Will Conduct 1.2 Trillion Yuan Buyout Reverse Repo Operations] The People's Bank of China announced that to maintain ample liquidity in the banking system, on October 8, 2026, the People's Bank of China will conduct 1.2 trillion yuan buyout reverse repo operations through fixed-quantity, interest rate bidding, and multiple price bidding methods. The term will be three months (89 days), with the maturity date set for January 5, 2027 (postponed in case of holidays).