中国央行将开展10000亿元买断式逆回购操作
Zhong Guo Xin Wen Wang·2025-12-04 13:28

Core Viewpoint - The People's Bank of China (PBOC) will conduct a 1 trillion yuan (approximately 100 billion USD) reverse repo operation to maintain ample liquidity in the banking system, indicating a continuation of supportive monetary policy [1] Group 1: Reverse Repo Operation - The PBOC announced a fixed quantity, interest rate bidding, and multi-price bidding method for a 1 trillion yuan reverse repo operation, with a term of 3 months (91 days) [1] - This operation is a continuation of the 1 trillion yuan reverse repo maturing in December, indicating a rollover of the same amount [1] Group 2: Economic Analysis - Analysts expect the PBOC to guide the funding environment to remain relatively stable and ample, which will support government bond issuance and encourage financial institutions to increase monetary credit [1] - It is anticipated that the PBOC will maintain a loose quantitative operation model for the remainder of the year, resulting in a relatively stable and loose funding environment [1]

中国央行将开展10000亿元买断式逆回购操作 - Reportify