The People's Bank of China issued an announcement on January 8 stating that it has launched a 7-day reverse repurchase operation of 9.9 billion yuan using fixed interest rates and quantitative tenders, with an operating interest rate of 1.4%. Since no 7-day reverse repurchase expired on the same day, and there was a 3-month buyout reverse repurchase of 110 billion yuan, combined with a buyout reverse repurchase that was renewed for the same amount on the same day, a net investment of 9.9 billion yuan was achieved. Experts believe that the combined resonance of various factors such as fiscal deposits and credit investment will affect liquidity in January. The central bank may continue to maintain abundant liquidity through various policy tools such as treasury bond trading and medium-term loan facilitation, and it is expected that the financial easing trend will continue.

The People's Bank of China issued an announcement on January 8 stating that it has launched a 7-day reverse repurchase operation of 9.9 billion yuan using fixed interest rates and quantitative tenders, with an operating interest rate of 1.4%. Since no 7-day reverse repurchase expired on the same day, and there was a 3-month buyout reverse repurchase of 110 billion yuan, combined with a buyout reverse repurchase that was renewed for the same amount on the same day, a net investment of 9.9 billion yuan was achieved. Experts believe that the combined resonance of various factors such as fiscal deposits and credit investment will affect liquidity in January. The central bank may continue to maintain abundant liquidity through various policy tools such as treasury bond trading and medium-term loan facilitation, and it is expected that the financial easing trend will continue.