Central bank: carry out swaps to facilitate the first operation, the amount 50 billion yuan

On October 21st, the central bank: In order to better play the role of securities fund institutions in stabilizing the market, the People's Bank of China launched the first operation of securities, funds and insurance company swap facilitation. The operation amount is 50 billion yuan, using the rate invite tenders method, 20 institutions participate in the bidding, the highest bid rate is 50bp, the lowest bid rate is 10bp, and the win the bidding rate is 20bp.