央行发布10月中央银行各项工具流动性投放情况

Core Viewpoint - The People's Bank of China (PBOC) has released liquidity injection data for October 2025, indicating a mixed approach to monetary policy with both net withdrawals and injections across various tools [1] Summary by Category Liquidity Injection and Withdrawal - The short-term reverse repos saw a net withdrawal of 595.3 billion yuan - The buyout reverse repos experienced a net injection of 400 billion yuan - The net injection from open market government bond transactions was 20 million yuan - The medium-term lending facility (MLF) had a net injection of 200 billion yuan - The pledged supplementary lending (PSL) recorded a net withdrawal of 5.5 billion yuan [1] Monetary Policy Tools Overview - The central bank's structural monetary policy tools had a net withdrawal of 17.3 billion yuan - The standing lending facility (SLF) showed a net withdrawal of 2.4 billion yuan - The MLF had a total injection of 900 billion yuan and a withdrawal of 700 billion yuan, resulting in a net injection of 200 billion yuan - The short-term reverse repos had a total injection of 47.453 billion yuan and a withdrawal of 53.406 billion yuan, leading to a net withdrawal of 5.953 billion yuan [2]