The People's Bank of China announced on January 7 that on January 8, it will launch a 110 billion yuan buyout reverse repurchase operation using fixed amounts, interest rate tenders, and multiple price bid wins, for a period of 3 months. Considering that a 3-month reverse buyout of 110 billion yuan will expire on January 8, this operation is a continuation of the same amount. Wang Qing, chief macro analyst at Dongfang Jincheng, believes that there are no “additional” sequels this time, which may be related to the term structure of financial institutions' capital requirements, etc., and does not mean that the central bank has reduced its liquidity investment efforts. Industry experts have determined that the central bank will also launch a 6-month buyout reverse repurchase operation this month. There is a high possibility of additional renewals, and it is expected to inject medium-term liquidity into the market for 8 consecutive months.

The People's Bank of China announced on January 7 that on January 8, it will launch a 110 billion yuan buyout reverse repurchase operation using fixed amounts, interest rate tenders, and multiple price bid wins, for a period of 3 months. Considering that a 3-month reverse buyout of 110 billion yuan will expire on January 8, this operation is a continuation of the same amount. Wang Qing, chief macro analyst at Dongfang Jincheng, believes that there are no “additional” sequels this time, which may be related to the term structure of financial institutions' capital requirements, etc., and does not mean that the central bank has reduced its liquidity investment efforts. Industry experts have determined that the central bank will also launch a 6-month buyout reverse repurchase operation this month. There is a high possibility of additional renewals, and it is expected to inject medium-term liquidity into the market for 8 consecutive months.