People's Daily, Beijing, April 21 (Reporter Luo Zhizhi) In order to improve the market liquidity of bank perpetual bonds, support banks to issue perpetual bonds to supplement capital, and enhance the ability of financial services to the real economy, the central bank launched a central bank bill swap today ( CBS) operation, the operation volume is 5 billion yuan, the term is 3 months, and the rate is 0.10%.
The central bank said that this operation is open to public bidding for primary market dealers. The winning institutions include large state-owned commercial banks, joint-stock banks, city commercial banks, rural commercial banks, securities companies and other financial institutions. The exchange of bonds includes perpetual bonds issued by large state-owned commercial banks and joint-stock banks, as well as perpetual bonds issued by rural commercial banks, which reflects the support for the supplementary capital issued by small and medium-sized banks.
The central bank will comprehensively consider market conditions and reasonable demand, and adopt market-oriented methods to prudently conduct CBS operations.