According to CoinMeta, the People's Bank of China announced that on November 16, 2026, it will conduct a 200 billion yuan buyout-style reverse repurchase operation using a fixed quantity, bidding based on interest rates, and multiple pricing levels. The operation will last for 6 months (180 days), with the maturity date set for May 15, 2027 (which may be postponed in case of holidays).