The People's Bank of China announced on January 29 that in order to maintain the stable liquidity at the end of the month, the People's Bank of China carried out a seven-day reverse repurchase operation of 128 billion yuan in the form of interest rate bidding on January 29, 2023, with the bid winning rate of 2.00%. Due to the maturity of non-reverse repo today, the public market realized a net investment of 128 billion yuan today. Yesterday, the short-end interest rate fell across the board. The Shanghai Interbank Offered Rate (Shibor) fell 40.2 basis points to 1.432% overnight. Shibor fell 7.3 basis points to 1.915% in seven days. From the performance of repo rate, the weighted average interest rate of DR007 dropped to 1.8679%, lower than the policy interest rate level. The 1-day national bond reverse repurchase rate (GC001) of Shanghai Stock Exchange has not been traded. (Xinhua News Agency)