人民银行开展3021亿元逆回购操作 叠加MLF操作实现净回笼54亿元

Core Viewpoint - The People's Bank of China (PBOC) is continuing its accommodative monetary policy by conducting a 302.1 billion yuan reverse repurchase operation at a fixed rate of 1.4% and planning a 1 trillion yuan Medium-term Lending Facility (MLF) operation, indicating a focus on liquidity support amid economic pressures [1] Group 1: Monetary Operations - The PBOC announced a 302.1 billion yuan reverse repurchase operation with a 7-day term at an interest rate of 1.4% [1] - An additional 1 trillion yuan MLF operation is scheduled for today [1] - A net withdrawal of 5.4 billion yuan is achieved due to the maturity of 407.5 billion yuan in reverse repos and 900 billion yuan in MLF [1] Group 2: Interest Rates - The overnight Shanghai Interbank Offered Rate (Shibor) decreased by 0.4 basis points to 1.316%, while the 7-day Shibor increased by 3 basis points to 1.447% [1] - The weighted average rate of DR007 rose to 1.4703% by the end of trading [1] - The 1-day government bond reverse repo rate (GC001) increased to 1.438% [1] Group 3: Market Outlook - Huaxi Securities reports that due to the pressure on the economic fundamentals observed in Q3, the PBOC is likely to maintain its accommodative stance and may increase short-term reverse repo funding to alleviate liquidity pressures [1] - It is anticipated that the overnight and 7-day funding costs may peak around 1.60% during the month-end period [1]