央行出手，11000亿元买断式逆回购来了

Core Viewpoint - The People's Bank of China (PBOC) announced a buyout reverse repurchase operation of 1.1 trillion yuan to maintain ample liquidity in the banking system, scheduled for January 8, 2026, with a term of 90 days [1]. Group 1 - The buyout reverse repurchase operation was introduced in October 2024 as a tool for the PBOC to lend funds by purchasing bonds from primary dealers, thereby injecting liquidity into the market [3]. - This tool enhances the liquidity management capabilities within a one-year timeframe, contributing to more refined liquidity management [3]. - The PBOC has conducted multiple buyout reverse repurchase operations to date, indicating a proactive approach to liquidity management [3].