Tender Notice for the Time Deposits of Commercial Banks for Central Treasury Cash Management (Sixth Issue, 2025)
(Central Treasury Cash Management Operations Office, May 15, 2025)
To enhance the efficiency of central treasury cash management and strengthen the coordination between fiscal and monetary policies, the Ministry of Finance and the People’s Bank of China (PBOC) will hold a public tender for the time deposits of commercial banks for central treasury cash management (Sixth Issue, 2025) from 9:00 a.m. to 9:30 a.m. on May 20, 2025, through the PBOC’s system of the time deposits of commercial banks for central treasury cash management. The time deposits register RMB120 billion with a term of two months (63 days). The value date is May 20, 2025, and the maturity date is July 22, 2025 (postponed in the case of public holidays). The tender is open to all participating banks of the time deposits of commercial banks for central treasury cash management by means of interest-rate bidding, and shall be conducted in accordance with the Operating Rules for the Time Deposits of Commercial Banks for Central Treasury Cash Management, the Tender Rules for the Time Deposits of Commercial Banks for Central Treasury Cash Management and other relevant regulations.
