中国央行将恢复公开市场国债买卖操作

Core Viewpoint - The People's Bank of China (PBOC) plans to resume open market operations for government bonds, indicating a positive outlook for the bond market and a commitment to supportive monetary policy [1] Group 1: Bond Market Operations - The PBOC has previously implemented government bond trading operations in the secondary market as part of enhancing monetary policy tools and improving the pricing capabilities of financial institutions [1] - The central bank will conduct flexible two-way operations in government bonds to ensure smooth monetary policy transmission and stable financial market operations [1] Group 2: Monetary Policy Stance - The PBOC emphasizes a supportive monetary policy stance, aiming for moderately loose monetary conditions while utilizing various monetary policy tools to provide liquidity across different time frames [1] - The central bank will continue to refine the monetary policy framework and strengthen the execution and transmission of monetary policy [1]