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中国人民银行将开展7000亿元买断式逆回购操作
Sou Hu Cai Jing·2025-08-07 10:37

Core Viewpoint - The People's Bank of China announced a 700 billion yuan reverse repurchase operation to maintain ample liquidity in the banking system, signaling a continued emphasis on quantity-based monetary policy tools [1] Group 1: Monetary Policy Actions - The central bank will conduct a fixed-quantity, interest-rate bidding, multi-price reverse repurchase operation on August 8, with a term of 3 months (91 days) [1] - In July, the total reverse repurchase injection was 1.4 trillion yuan, while 1.2 trillion yuan was withdrawn, resulting in a net injection of 200 billion yuan [1] Group 2: Expert Analysis - Wang Qing, Chief Macro Analyst at Dongfang Jincheng, believes that the reverse repurchase operation will help inject medium-term liquidity and indicates a sustained effort in quantity-based monetary policy tools [1]