10000亿元！央行，最新操作！

Core Viewpoint - The People's Bank of China (PBOC) is set to conduct a 1 trillion yuan Medium-term Lending Facility (MLF) operation on November 25, aimed at maintaining liquidity in the banking system, with a net injection of 100 billion yuan for November due to the maturity of 900 billion yuan MLF [1][2] Group 1: MLF Operations - The MLF operation will be conducted using a fixed quantity, interest rate bidding, and multiple price bidding method, marking the ninth consecutive month of increased MLF operations by the PBOC [1] - The MLF operation is a response to potential liquidity tightening, influenced by factors such as increased government bond financing and the maturity of bank interbank certificates of deposit [1][2] Group 2: Monetary Policy Tools - The PBOC has released a total of 600 billion yuan in mid-term liquidity through MLF and reverse repos in November, maintaining the same net injection scale as the previous month, reflecting a moderately accommodative monetary policy stance [2] - Since March, the MLF has transitioned to a fixed quantity, interest rate bidding, and multiple price bidding approach, allowing better alignment with the diverse funding needs of participating institutions [2] Group 3: Economic Stability - The continuation of MLF operations is expected to support economic stability and growth amid recent fluctuations in macroeconomic performance [3]