Group 1 - The People's Bank of China (PBOC) will conduct a 10 trillion yuan reverse repurchase operation on February 13, 2026, to maintain ample liquidity in the banking system, with a term of 6 months (182 days) [1] - In February, there will be a net liquidity injection of 500 billion yuan due to the maturity of a previous 500 billion yuan 6-month reverse repurchase operation, alongside an 800 billion yuan 3-month reverse repurchase operation conducted on February 4 [2] - This marks the 9th consecutive month of increased reverse repurchase operations by the PBOC, with a net injection scale increasing by 300 billion yuan compared to the previous month, reaching the highest net injection in three months [2] Group 2 - The PBOC's actions through reverse repurchase and Medium-term Lending Facility (MLF) operations have effectively maintained market liquidity and ensured stable financial market operations at the year's end [3] - It is anticipated that the PBOC will conduct an MLF operation around February 25, likely maintaining or slightly increasing the current liquidity levels [3]
央行开展10000亿元买断式逆回购操作，加量规模5000亿
Guan Cha Zhe Wang·2026-02-13 02:37