People's Bank of China: Open market 7-day reverse repurchase operation interest rate cut by 10bp

People's Bank of China: From May 8, 2025, the operating interest rate of the open market 7-day reverse repurchase will be adjusted from 1.50% to 1.40%. The operating interest rates of the open market 14-day reverse repurchase and temporary positive and reverse repurchase will continue to be determined by adding or subtracting points to the open market 7-day reverse repurchase operating interest rate, and the amount of plus or subtracting points will remain unchanged.