2025金融街论坛｜潘功胜：将恢复公开市场国债买卖操作

Core Points - The People's Bank of China (PBOC) has implemented bond trading operations in the secondary market as part of its monetary policy toolbox, enhancing the financial function of government bonds and their role as a pricing benchmark for the yield curve [1] - The PBOC has conducted flexible two-way operations in government bond trading to ensure smooth monetary policy transmission and stable financial market operations, considering the needs for base currency issuance and changes in market supply and demand [1] - Due to significant pressures from imbalances in bond market supply and demand, the PBOC suspended government bond trading earlier this year, but plans to resume operations as the overall bond market is currently performing well [1]