在工作机制上，会同市科技局、生态环境局、商务委等行业主管部门，常态化梳理更新支持领域企业名 单库，依托"长江渝融通"大数据系统，将名单精准推送给银行，督促银行开展融资对接。截至目前，已 累计推送高新技术、"专精特新"、绿色转型、西部陆海新通道等领域的企业7.5万余户。同时，定期监 测银行的贷款发放情况，强化督促指导，确保名单库企业充分享受政策红利。 魏海滨介绍，自政策推出以来，仅6月单月就落地支持计划专用额度400亿元，支持经营主体3.7万余 户。其中科创、绿色、民营领域分别达84亿元、66亿元和223亿元。同时，相关低成本资金将带动银行 业金融机构让利实体经济，预计可为五大领域经营主体节约利息支出约5亿元。 下一步，人民银行重庆市分行将继续加大货币政策工具运用力度，向重庆重点领域发展注入更多"金融 活水"，助力经济高质量发展。(胡虹、游晋宇) 人民网重庆7月31日电 重庆近期推出了"五个百亿级"货币政策工具支持计划，具体有哪些举措和成效？ 7月30日，在重庆市金融支持经济高质量发展主题新闻发布会(第三场)上，人行重庆市分行党委委员、 副行长魏海滨介绍了相关情况。 魏海滨表示，"五个百亿级"央行资金支持计划是 ...

Group 1 - The People's Bank of China (PBOC) announced a 300 billion MLF operation to maintain liquidity in the banking system, with a net injection of 118 billion due to 182 billion MLF maturing this month [1] - In June, the PBOC conducted a total of 1.4 trillion reverse repos to offset 1.2 trillion maturing reverse repos, resulting in a total net liquidity injection of 318 billion [1] - Analysts suggest that the continuous net liquidity injection is driven by large-scale government bond issuance and high maturing interbank certificates of deposit, aiming to stabilize market expectations and meet financing needs [1] Group 2 - The reliance on MLF and reverse repos has increased due to the suspension of government bond purchases, with expectations for the PBOC to restart bond buying as liquidity consumption rises [2] - As the end of the quarter approaches, interbank funding rates have increased, with R007 rising by 25.9 basis points to 1.82% and DR007 by 16.1 basis points to 1.67% [2] - The PBOC is expected to use various tools, including MLF and reverse repos, to maintain a net liquidity injection in the second half of the year, while also potentially resuming government bond transactions [2]

Core Viewpoint - The People's Bank of China (PBOC) is implementing measures to maintain ample liquidity in the banking system, including a 300 billion MLF operation and a net injection of 1180 billion due to maturing MLFs [1][2]. Group 1: Monetary Policy Actions - The PBOC will conduct a 300 billion MLF operation on June 25, 2025, with a one-year term, resulting in a net injection of 1180 billion after 1820 billion MLF matures in June [1]. - In June, the PBOC has increased mid-term liquidity injections, conducting a total of 14,000 billion reverse repos on June 6 and June 16 [2]. - The total net injection of mid-term liquidity in June has exceeded 3000 billion, indicating a proactive approach to maintaining liquidity [2]. Group 2: Market Stability and Expectations - Maintaining ample liquidity helps prevent abnormal fluctuations in the funding environment and stabilizes market expectations, which is crucial given the large-scale issuance of government bonds and the maturity of interbank certificates of deposit [2]. - The PBOC's actions signal a continued commitment to using quantitative monetary policy tools to meet the financing needs of enterprises and households [2]. Group 3: Future Outlook - Experts anticipate that the PBOC will continue to exceed the renewal of maturing MLFs and utilize various monetary policy tools to keep liquidity abundant in the second half of the year [4]. - There is a possibility of the PBOC adopting measures such as reserve requirement ratio cuts to provide liquidity support, especially with the expected acceleration of government bond issuance in the third quarter [4]. - Discussions are ongoing regarding the potential resumption of government bond purchases by the PBOC, which is seen as a key tool for liquidity injection and reducing the cost of liabilities in the banking and financial system [4][5].

Core Viewpoint - The Central Bank of Turkey announced that all monetary policy tools will be effectively utilized to address economic challenges [1] Group 1 - The Central Bank emphasizes the importance of utilizing all available monetary policy instruments to stabilize the economy [1] - This statement indicates a proactive approach to managing inflation and economic growth [1] - The announcement reflects the Central Bank's commitment to maintaining financial stability in Turkey [1]

Core Viewpoint - The People's Bank of China, Chongqing Branch, has launched a "Five Hundred Billion" monetary policy support plan to enhance the high-quality development of Chongqing's economy, focusing on five key areas: technology innovation, green projects, consumption, foreign trade, and private economy [1][2]. Group 1: Funding Structure - A total of 100 billion yuan (approximately 1000 million) low-cost funds will be integrated into a dual-support system of "special quotas + policy tilt quotas" [2]. - The plan allocates 85 billion yuan (approximately 850 million) from the PBOC's direct management for targeted support in technology innovation and green sectors [2]. - An additional 15 billion yuan (approximately 150 million) will be guided from national banks to enhance funding collaboration [2]. Group 2: Specialized Tools - The "Yukexin" tool focuses on high-tech enterprises and specialized small and medium-sized enterprises, providing low-cost credit to establish a technology foundation for Chongqing [3]. - The "Yugreen" tool supports green projects and activities, promoting the establishment of a national-level green finance reform and innovation pilot zone [3]. - The "Yuxiao" tool targets the consumption chain, particularly in sectors like hospitality and education, to stimulate consumption in the international consumer center [3]. - The "Yutong" tool aids enterprises affected by tariffs and supports the new land-sea corridor industry chain [3]. - The "Yumin" tool provides financial support to private enterprises and small businesses, addressing financing difficulties in the private economy [3]. Group 3: Implementation Measures - The PBOC Chongqing Branch has introduced a combination of measures to ensure effective policy implementation, including optimizing financial services and establishing a collaborative mechanism with fiscal and industry departments [4]. - Financial institutions are encouraged to diversify their products to meet the financing needs of the five key areas [4]. - A dynamic enterprise "whitelist" will be maintained to guide the banking sector in funding allocation [4]. Group 4: Monitoring and Management - The entire process from application to monitoring will be managed closely, with financial institutions required to submit business applications regularly [5]. - The approval process emphasizes quick responses and prioritization of special quotas to ensure immediate access to funds [5]. - Monitoring will be conducted through specialized reports and system statistics to ensure the accuracy and compliance of fund usage [5].

Core Viewpoint - The Governor of the Bank of Japan, Kazuo Ueda, stated that he does not want to rule out any monetary policy tools, including the potential reimplementation of yield curve control [1] Group 1 - The Bank of Japan is considering various monetary policy options in response to economic conditions [1] - The statement reflects the central bank's flexibility in managing monetary policy tools [1]

日本央行行长植田和男：（被问及是否可能重新实施收益率曲线控制）不想排除任何货币政策工具的可 能性。 ...

日本央行行长植田和男：我们坚持的立场没有改变，即债券缩减不应作为货币政策工具。 ...

Core Viewpoint - The People's Bank of China (PBOC) announced a significant 1 trillion yuan buyout reverse repurchase operation to maintain liquidity in the banking system, breaking the previous convention of announcing such operations at the end of the month [1][2]. Group 1: Announcement Details - The PBOC's announcement on June 5 marks the first public tender for a buyout reverse repurchase operation, indicating a proactive approach to liquidity management [2]. - The operation involves a fixed amount and interest rate bidding, with a term of 3 months (91 days), differing from the traditional end-of-month announcements [1][2]. Group 2: Market Implications - Analysts suggest that the early announcement is likely aimed at stabilizing market expectations and ensuring sufficient liquidity, especially given the high volume of bank interbank certificates maturing in the coming months [2]. - The early disclosure of the operation amount is seen as a positive signal for market confidence, particularly as June is a month with increased liquidity demands due to half-year-end pressures [2]. Group 3: Comparison with Other Tools - The newly introduced buyout reverse repurchase tool shares similarities with the Medium-term Lending Facility (MLF) in terms of bidding methods and operational frequency, but it is designed for short-term liquidity management [2]. - Future operations may follow a similar pattern to MLF in terms of advance notice, but the specific characteristics of open market operations may lead to different practices [2].

Core Viewpoint - The People's Bank of China (PBOC) has announced a significant liquidity injection through a 10 trillion yuan buyout reverse repurchase operation, marking a departure from its usual end-of-month announcements, indicating a proactive approach to maintaining liquidity in the banking system [1][2]. Group 1: Announcement Details - On June 5, 2025, the PBOC released a notice about a 10 trillion yuan buyout reverse repurchase operation scheduled for June 6, with a term of 3 months (91 days) [1]. - This operation is part of a new monetary policy tool introduced in October 2024, allowing the PBOC to actively lend funds by purchasing bonds from primary dealers [2]. - The announcement is the first of its kind, as the PBOC typically discloses such operations at the end of the month [2]. Group 2: Market Implications - The early announcement is believed to be a response to the high volume of bank interbank certificates maturing, which helps maintain a stable liquidity environment and control market expectations [2][3]. - The PBOC's actions are aimed at encouraging banks to increase credit to the real economy and support government bond issuance, reinforcing the ongoing process of credit easing [3]. Group 3: Future Operations - Analysts expect the PBOC to continue using a combination of buyout reverse repos, medium-term lending facilities (MLF), and other liquidity management tools to ensure a stable liquidity environment [4][5]. - The buyout reverse repo tool complements existing liquidity tools by filling the gap for operations with terms ranging from 1 month to 1 year, thus enhancing the overall liquidity management framework [4].