央行提前“补水”流动性平稳跨季无忧

Group 1 - The People's Bank of China (PBOC) conducted a 7-day reverse repo operation of 288.6 billion yuan, resulting in a net injection of 48.1 billion yuan after 240.5 billion yuan matured on the same day [1] - The PBOC is expected to continue using various monetary policy tools to maintain ample liquidity, especially considering the upcoming National Day holiday and quarter-end factors [1][2] - Recent actions by the PBOC, including significant mid-term liquidity injections, aim to enhance the precision and effectiveness of liquidity management [1] Group 2 - The PBOC's two 14-day reverse repo operations within a week indicate its intention to ensure stable liquidity across the quarter [2] - Experts predict that the central bank may flexibly use multiple monetary policy tools to keep liquidity abundant, with expectations for a decrease in the central rate of funding in October compared to September [2] - The PBOC aims to support consumption and effective investment while maintaining financial market stability and ensuring the RMB exchange rate remains stable [2]