Core Viewpoint - The People's Bank of China (PBOC) has resumed public market treasury bond trading operations in October after a suspension earlier in the year, indicating a positive shift in the bond market dynamics [1] Group 1: Market Operations - In October, the PBOC conducted public market treasury bond trading operations with a net injection of 20 billion yuan [1] - PBOC Governor Pan Gongsheng stated that the bond market is currently operating well, which led to the decision to resume trading operations [1] Group 2: Liquidity Tools Overview - The PBOC's liquidity injection and withdrawal data for various monetary policy tools in October includes: - Central bank loans through Medium-term Lending Facility (MLF) saw a net injection of 2000 million yuan, with 9000 million yuan injected and 7000 million yuan withdrawn [2] - Short-term reverse repos had a net withdrawal of 5953 million yuan, with 47453 million yuan injected and 53406 million yuan withdrawn [2] - The public market treasury bond trading specifically had a net injection of 200 million yuan, with no withdrawals [2]
央行10月份恢复公开市场国债买卖操作,净投放200亿元!
Zheng Quan Ri Bao Zhi Sheng·2025-11-04 12:43