Core Viewpoint - The President of the European Central Bank, Christine Lagarde, stated that there is a significant amount of liquidity present in the banking system [1] Group 1 - The European banking system is currently characterized by a high level of liquidity [1]

Core Viewpoint - The People's Bank of China (PBOC) is conducting a 400 billion MLF operation to maintain liquidity in the banking system, with a one-year term [1] Group 1 - The PBOC will implement a fixed amount, interest rate bidding, and multiple price bidding method for the MLF operation [1] - The operation is scheduled for July 25, 2025, which falls on a Friday [1] - The total amount of the MLF operation is set at 4000 billion [1]

Core Viewpoint - The People's Bank of China will conduct a 14 trillion yuan reverse repurchase operation on July 15, 2025, to maintain ample liquidity in the banking system [2] Summary by Relevant Sections - **Liquidity Management** - The operation aims to ensure sufficient liquidity within the banking system, indicating a proactive approach to monetary policy [2] - **Operation Details** - The reverse repurchase operation will be conducted using a fixed amount and interest rate bidding with multiple price levels [2]

Group 1 - The People's Bank of China will conduct a reverse repurchase operation of 1.4 trillion yuan to maintain liquidity in the banking system [1] - The operation will be carried out using a fixed quantity, interest rate bidding, and multiple price level bidding methods [1] - The date for this operation is set for July 15, 2025 [1]

Core Viewpoint - The People's Bank of China (PBOC) is conducting a 400 billion yuan reverse repurchase operation to maintain ample liquidity in the banking system, with a six-month term set for June 16, 2025 [1] Group 1 - The PBOC will implement a fixed quantity, interest rate bidding, and multiple price bidding method for the reverse repurchase operation [1] - The operation amount is set at 400 billion yuan, which is approximately 57.6 billion USD [1] - The term for this operation is 182 days, indicating a medium-term liquidity support strategy [1]

Core Viewpoint - The People's Bank of China conducted a 700 billion yuan reverse repurchase operation to maintain ample liquidity in the banking system as of May 2025 [1] Group 1 - The operation was executed using a fixed quantity and interest rate bidding method with multiple price levels [1] - The total amount involved in the reverse repurchase operation was 700 billion yuan [1]

央行：为保持银行体系流动性充裕，2025年4月25日（周五），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6000亿元MLF操作，期限为1年期。 ...