After a lapse of three months, the People's Bank of China once again carried out a reverse repurchase operation of 244 billion yuan (RMB, Same as the same, S $ 46.4 billion) to maintain reasonable and abundant liquidity at the end of the year.
According to the announcement of the People's Bank of China, the central bank carried out the 74 billion yuan seven -day period and the 60 billion yuan 14 -day reverse repurchase operation on Monday (December 18) on Monday (December 18).%And 1.95%.
Since there are 285 billion yuan of reverse repurchase due on Monday, it is equivalent to the open market to achieve a net recovery of 41 billion yuan.
The last time the central bank conducted a reverse repurchase operation in September this year, when it passed the 34 billion yuan 14 -day reverse repurchase operation and 105 billion yuan 7 days of reverse repurchase operations, a total of 139 billion yuan was launched to the market to the market.Essence
The central bank also invested 800 billion yuan through the medium -term borrowing facilities (MLF) this month, which has been the highest month since the record.This is also the central bank for the 13th consecutive month to continue MLF.
According to the Shanghai Securities Journal, Li Yishuang, chief analyst of the fixed income of Cinda Securities, said that the current inverse repurchase balance is still high.The impact of the withdrawal, the capital still has some vulnerability.
Li Yishuang suggested to observe the measures of the People's Bank of China closely in the future.If the central bank will keep the capital at the end of the year in a more important position and take certain hedging measures, it will limit the amplitude of capital convergence.
