1月14日，中国人民银行发布公告称，为保持银行体系流动性充裕，2026年1月15日，中国人民银行将以固定数量、利率招标、多重价位中标方式开展9000 亿元买断式逆回购操作，期限为6个月（181天）。 | 中国人民银行 | | | | 货币政策司 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | THE PEOPLE'S BANK OF CHINA | | | | | Monetary Policy Department | | | | | | | 信息公开 | 新闻发布 | 法律法规 | 货币政策 | 宏观审慎 | 信贷政策 | 金融市场 | 金融稳定 | 调查统计 | 银行会计 | 支付体系 | | 金融科技 人民币 国际交往 | | | 经理国库 | | 人员招录 | 学术交流 | 征信管理 | 反洗钱 | 党建工作 | | | 政策解读 政务公开 图文直播 | | | 公告信息 | | 央行研究 | 音频视频 | 市场动态 | 网上展厅 | 报告下载 | 报刊年鉴 | | 服务互动 网送 ...

Core Viewpoint - The People's Bank of China (PBOC) is implementing a 900 billion yuan reverse repo operation to maintain liquidity in the banking system, marking the fifth consecutive month of increased reverse repo operations [1][2]. Group 1: Reverse Repo Operations - On January 15, the PBOC will conduct a 900 billion yuan reverse repo operation with a six-month term, which is an increase of 300 billion yuan compared to the previous month [2]. - This operation follows the maturity of 600 billion yuan in six-month reverse repos in January, indicating a net liquidity injection of 300 billion yuan for the month [2]. - The increase in reverse repo operations aligns with market expectations and is aimed at ensuring sufficient liquidity during a month characterized by high bank credit issuance and tax payments [2][4]. Group 2: Market Liquidity and Future Expectations - Experts anticipate that the PBOC will also conduct a 200 billion yuan Medium-term Lending Facility (MLF) operation around January 25, likely maintaining or slightly increasing the amount [3][4]. - The PBOC's approach to liquidity management is expected to continue, utilizing various tools such as reverse repos and MLF to ensure a stable liquidity environment, reflecting a monetary policy stance of "moderate easing" through 2026 [4]. - The recent central bank meeting emphasized the need for flexible and efficient use of monetary policy tools to maintain ample liquidity and support balanced credit growth in line with economic and price level expectations [4].

Group 1 - The People's Bank of China (PBOC) will conduct a 900 billion yuan reverse repo operation on January 15, 2026, to maintain ample liquidity in the banking system, marking the fifth consecutive month of increased reverse repo operations [1] - The operation will involve a fixed amount and interest rate bidding, with a term of six months (181 days), and is an increase of 300 billion yuan compared to the previous month, which aligns with market expectations [1] - In January, the total increase in reverse repo operations for both six-month and three-month terms is 300 billion yuan, with the three-month reverse repo being a rollover of 11 trillion yuan [1] Group 2 - Analysts suggest that the PBOC will continue to use reverse repos and Medium-term Lending Facility (MLF) tools to inject medium-term liquidity into the market, reflecting a continuation of the 'moderately loose' monetary policy in 2026 [2] - There is an expectation that the demand for counter-cyclical adjustment policies may decrease in the short term due to the effectiveness of growth-stabilizing policies and strong external demand, which could delay expectations for a reserve requirement ratio (RRR) cut [2]

Core Viewpoint - The People's Bank of China (PBOC) is set to conduct a 900 billion yuan reverse repo operation on January 15, 2026, to maintain ample liquidity in the banking system [1] Group 1 - The operation will be conducted using a fixed quantity, interest rate bidding, and multiple price bidding method [1] - The term of the reverse repo operation will be 6 months (181 days) [1]

经济观察网据央视新闻客户端消息，央行发布公告，为保持银行体系流动性充裕，2026年1月15日，中 国人民银行将以固定数量、利率招标、多重价位中标方式开展9000亿元买断式逆回购操作，期限为6个 月(181天)。 ...

1月14日，央行发布公告，为保持银行体系流动性充裕，2026年1月15日，中国人民银行将以固定数量、利率招标、多重价位中标方式开展9000亿元买断式逆 回购操作，期限为6个月（181天）。 银行频道更多独家策划、专家专栏，免费查阅>> 责任编辑：钟离 ...

Group 1 - The People's Bank of China (PBOC) will conduct a 900 billion yuan reverse repurchase operation on January 15, 2026, to maintain ample liquidity in the banking system [1] - The operation will be conducted using a fixed quantity, interest rate bidding, and multiple price bidding methods [1] - The term of the reverse repurchase operation will be 6 months (181 days) [1]

人民财讯1月14日电，央行发布公告，为保持银行体系流动性充裕，2026年1月15日，中国人民银行将以 固定数量、利率招标、多重价位中标方式开展9000亿元买断式逆回购操作，期限为6个月(181天)。 ...

1月14日金融一线消息，央行发布公告，为保持银行体系流动性充裕，2026年1月15日，中国人民银行将 以固定数量、利率招标、多重价位中标方式开展9000亿元买断式逆回购操作，期限为6个月（181天）。 1月14日金融一线消息，央行发布公告，为保持银行体系流动性充裕，2026年1月15日，中国人民银行将 以固定数量、利率招标、多重价位中标方式开展9000亿元买断式逆回购操作，期限为6个月（181天）。 责任编辑：李琳琳 责任编辑：李琳琳 ...

国务院新闻办公室将于2026年1月15日（星期四）下午3时举行新闻发布会，请中国人民银行新闻发言 人、副行长邹澜，国家外汇局新闻发言人、副局长李斌介绍货币金融政策支持实体经济高质量发展成效， 并答记者问。 来源：国新办 违法和不良信息举报电话：0755-83514034 邮箱：bwb@stcn.com 责编：王璐璐 校对：许欣 百万用户都在看 "降息大门关闭！"美联储，预期突变！ 局势升级！俄罗斯，大规模袭击！发射7枚巡航导弹！英国，重大宣布！ 最高猛增520%！A股批量晒出超级"战报"，一晚7家官宣净利翻倍 利好突袭！杭州"六小龙"，传出大消息！ 刚刚！特朗普宣布进入国家紧急状态！ 看券商中国 知天下财经 F 券中社 × 券商中国 券 中 社 扫码下载券中社APP 扫码关注券商中国公众号 quanshangcn qzs.stcn.com 舞中 券中社APP 券 商 中 国 是 证 券 市 场 权 威 媒 体 《 证 券 时 报 》 旗 下 新 媒 体 , 券 商 中 国 对 该 平 台 所 刊 载 的 原 创 内 容 享 有 著 作 权 , 未 经 授 权 禁 止 转 载 ， 否 则 将 追 究 相 应 法 ...