Group 1 - The People's Bank of China (PBOC) will conduct a 400 billion yuan reverse repurchase operation on June 16, with a term of 6 months, to maintain ample liquidity in the banking system [1] - Earlier in June, the PBOC announced a 1 trillion yuan reverse repurchase operation for 3 months, establishing a solid foundation for overall liquidity throughout the month [1] - By June 16, the PBOC will implement a net injection of 200 billion yuan in reverse repurchase operations, considering the maturity of 5 trillion yuan in 3-month and 7 trillion yuan in 6-month reverse repos [1] Group 2 - Experts indicate that June is a critical period for liquidity assessment, with high demand for liquidity from financial institutions due to the large-scale maturity of interbank certificates of deposit [2] - The PBOC is expected to continue using various liquidity management tools, including reverse repos and medium-term lending facilities (MLF), to ensure sufficient liquidity in the banking system [2] - This approach is crucial for increasing the availability of credit to enterprises and households, as well as reducing financing costs for the real economy [2]
买断式逆回购操作加量4000亿元 助力年中时点流动性保持充裕
Xin Hua Cai Jing·2025-06-13 13:40