Core Viewpoint - The People's Bank of China aims to ensure ample market liquidity and stable short-term interest rates through significant net injections in open market operations by 2025, totaling 6 trillion yuan [1] Group 1: Market Operations - A total net injection of 6 trillion yuan is planned for open market operations by 2025, which includes a net injection of 3.8 trillion yuan through reverse repos and a net purchase of 120 billion yuan in government bonds [1] Group 2: Policy Measures - The People's Bank of China is advancing various reform measures to enhance the effectiveness of monetary policy tools, allowing for better adaptation to market conditions [1] - The central bank is focused on improving the pricing mechanism for basic currency issuance and operational tools, as well as enhancing the transparency of monetary policy operations [1]
央行:2025年各项公开市场操作累计净投放6万亿元,买断式回购净投放3.8万亿元
Zhong Guo Jing Ji Wang·2026-01-15 07:59