Core Viewpoint - The People's Bank of China (PBOC) announced a 1 trillion yuan reverse repurchase operation to maintain liquidity in the banking system, scheduled for September 5, 2025, with a term of 3 months (91 days) [1][2]. Group 1: Reverse Repo Operations - On September 5, 2025, the PBOC will conduct a fixed quantity, interest rate tender, multi-price bidding reverse repurchase operation amounting to 1 trillion yuan [1][2]. - This operation is equivalent to a rollover of the same amount of 3-month reverse repos maturing on the same day [2]. - An additional 300 billion yuan of 6-month reverse repos will also mature this month, indicating ongoing liquidity management [3]. Group 2: Market Expectations - Market analysts expect that the PBOC may continue to utilize various monetary policy tools to inject liquidity into the market, aiming to stabilize market expectations and maintain ample liquidity [3]. - The central bank's actions signal a sustained supportive stance in monetary policy [3].
今天，央行开展10000亿元买断式逆回购操作
Jin Rong Shi Bao·2025-09-05 02:14