7000亿元！央行出手！

Group 1 - The People's Bank of China (PBOC) announced a 700 billion yuan reverse repo operation with a 3-month term to maintain liquidity in the banking system [1] - In August, there are significant maturities including 400 billion yuan for 3-month and 500 billion yuan for 6-month reverse repos, along with 300 billion yuan in Medium-term Lending Facility (MLF) [2] - The PBOC aims to alleviate concerns over liquidity fluctuations in August by announcing reverse repo operations at the beginning of the month, ensuring overall liquidity remains ample throughout the month [3] Group 2 - Analysts expect the PBOC to conduct another 6-month reverse repo operation in August, with the total operation scale likely exceeding the maturity scale for the month [3] - Since March, the PBOC has maintained an increase in MLF operations, with expectations for further MLF increases in August to provide stability for financial institutions [3] - The PBOC's 2025 work meeting emphasized the continuation of a moderately accommodative monetary policy, utilizing various tools to keep liquidity abundant [3]