9: 00 am15 ~1:30 am, afternoon 1:00~3:00 pm, and the exchange will be closed at 3:00 pm. You can't do reverse repurchase at this time. When the broker checked out that night, the principal and interest had been returned to your account. It's just that the money back is available all day the next day.

One day reverse repurchase, the second day customer funds can be used, but not transferred, and the transfer must be on the third day; If it is a two-day reverse repurchase, the customer's funds will arrive on the third day, and the funds can be transferred out on the fourth day; As for the reverse repurchase for more than 3 days, the same is true, and so on.

Treasury bond repurchase transaction is essentially a kind of credit behavior of borrowing funds with treasury bonds listed on the exchange as collateral. Specifically, the holders of spot treasury bonds listed on the exchange (financiers and demanders of funds) use their securities as collateral to obtain the right to use funds within a certain period of time, and must return the borrowed funds after the expiration and pay certain interest as agreed.

If the symbol is used, it means: reverse repurchase on T day, T+ 1 funds are available (such as buying stocks, buying funds or continuing to do reverse repurchase of government bonds), and T+2 funds can be transferred (available when transferring to banks). ?

References:

Bank information port-reverse repurchase of government bonds must pay attention to the operation time