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2026 Central Treasury Cash Management Commercial Bank Fixed-Deposit Tender (Phase 4), Operation Volume RMB 70 Billion
The Ministry of Finance and the People’s Bank of China will conduct the bidding for the 2026 Central Treasury Cash Management Commercial Bank Fixed Deposit (Phase IV) from 9:50 to 10:20 a.m. on March 19, 2026, through the China People’s Bank Central Treasury Cash Management Commercial Bank Fixed Deposit Business System. This round involves a volume of 70 billion yuan, with a 21-day term, starting on March 19, 2026, and maturing on April 9, 2026 (postponed if it falls on a holiday). The bidding will be based on interest rate bidding and multiple price levels, open to banks participating in the Central Treasury Cash Management Commercial Bank Fixed Deposit Business. (PBOC website)