央行：2月13日将开展1万亿元买断式逆回购操作，期限6个月

Core Viewpoint - The People's Bank of China (PBOC) is conducting a reverse repurchase operation of 1 trillion yuan to maintain liquidity in the banking system, with a maturity of 6 months [1][2]. Group 1 - On February 13, 2026, the PBOC will implement a fixed quantity, interest rate tender, multi-price bidding method for the reverse repurchase operation [1][2]. - This operation will result in a net injection of 500 billion yuan, considering that 500 billion yuan of the same maturity tools are maturing this month [2]. - Combined with an earlier operation on February 4, which injected a net 100 billion yuan, the total net liquidity injection for the month through reverse repos alone will be 600 billion yuan [2].