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Ministry of Finance and Central Bank to Conduct Bidding for 2026 Central Government Treasury Cash Management Commercial Bank Fixed Deposits (Three Periods) on March 19
People’s Finance News, March 16 — To improve the efficiency of central treasury cash utilization and strengthen the coordination of fiscal and monetary policies, the Ministry of Finance and the People’s Bank of China will conduct a bidding for the 2026 Central Treasury Cash Management Commercial Bank Fixed Deposit (Phase III) from 9:00 to 9:30 a.m. on March 19, 2026, through the People’s Bank of China’s Central Treasury Cash Management Commercial Bank Fixed Deposit Business System. The operation volume for this phase is 180 billion yuan, with a term of 3 months. The interest start date is March 19, 2026, and the maturity date is June 18, 2026 (postponed if it falls on a holiday). The bidding will be conducted via interest rate bidding and single-price winning method, open to banks participating in the central treasury cash management commercial bank fixed deposit business.