Business · Markets · 2 hrs ago
China’s central bank to inject 700 billion yuan through bond operation
China’s central bank announced a 700 billion yuan bond operation for Oct.
15.
The People’s Bank of China said the move aims to keep the banking system’s liquidity ample.
In this operation, the bank buys bonds from primary dealers, such as large commercial banks, and the dealers agree to buy back the same amount and type of bonds later.
This puts money into the market for a set period.
The operation will last 182 days, or about six months.
The central bank will set the operation size and invite bids on interest rates, with awards at multiple rates.
The announcement gives the operation’s terms but does not say what further steps will follow.
China’s central bank said it will inject 700 billion yuan into the market through a bond operation.
The People’s Bank of China said the operation will take place on October 15.
The operation will run for six months, or 182 days.
The bank said the move is intended to keep liquidity in the banking system ample.
- Who
- The People’s Bank of China.
- What
- It will conduct a 700 billion yuan outright reverse repo operation to inject liquidity.
- When
- October 15, 2026.
- Where
- Not stated.
- Why
- To keep liquidity in the banking system ample.
This story does not have two clearly opposing sides.
The People’s Bank of China announced that it would conduct the operation the following day.
The central bank is due to conduct the 700 billion yuan operation.
- Operation amount
- 700 billion yuan
- Operation date
- October 15, 2026
- Term
- 6 months (182 days)
- Tender method
- Fixed quantity, interest-rate bidding, multiple-price winning