央行1月操作11000亿元逆回购等量续作，预计本月将开展6个月期操作并可能加量

Group 1 - The People's Bank of China (PBOC) announced a 1.1 trillion yuan reverse repo operation on January 8, with a term of 3 months, to maintain ample liquidity in the banking system [1] - The operation is a continuation of a similar scale and term reverse repo maturing on the same day, indicating a rollover without increasing the amount [1] - Analysts expect the PBOC to conduct another 6-month reverse repo operation around January 15, with a high possibility of increasing the amount, marking the eighth consecutive month of net liquidity injection into the market [1][2] Group 2 - The PBOC is expected to use various policy tools, including reverse repos and Medium-term Lending Facility (MLF), to inject mid-term liquidity into the market, reflecting a continuation of a moderately loose monetary policy [2]