The interest rate for the seven-day reverse repos was set at 2.2 percent, according to the People's Bank of China.
The move aims to keep month-end liquidity in the banking system stable, the central bank said.
Data showed that a total of 100 billion yuan of reverse repos matured on the same day.
A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future.
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