The central bank increases the amount of reverse repurchase at the end of the quarter to maintain a reasonable and sufficient liquidity

Visit the original URL
On September 27, the People’s Bank of China announced that in order to maintain stable liquidity at the end of the quarter, the People’s Bank of China carried out 113 billion yuan in 7-day and 62 billion yuan in 14-day reverse repurchase operations through interest rate bidding, with interest rates of 2.00% respectively. and 2.15%. Since 2 billion yuan of reverse repurchase expired that day, the net investment in a single day was 173 billion yuan. Experts interviewed pointed out that by increasing the amount of reverse repurchase at the end of the quarter and restarting the 14-day reverse repurchase operation, the central bank proactively provided cross-month funds, stabilized market expectations, and protected the funds at the end of the quarter. The upward trend in the funding rate may indicate that the current positive margin of liquidity has converged and will remain reasonably sufficient. (Securities Times)
media coverage

36Kr
event tracking

This article is reprinted from: https://readhub.cn/topic/8jEMyQmg1pi
This site is for inclusion only, and the copyright belongs to the original author.