Sino-Singapore Jingwei Client, September 10, according to the official website of the central bank, the central bank launched a 140 billion yuan reverse repurchase operation by way of interest rate bidding on September 10. 100 million yuan.
Source: Central Bank's official website
The central bank’s announcement shows that this reverse repurchase operation is to maintain reasonable and sufficient liquidity in the banking system. The 140 billion yuan reverse repurchase operation was carried out by way of interest rate bidding, with a period of 7 days and the winning interest rate of 2.2%, which was the same as before.
Source: Wind
Wind data shows that on the 10th, the central bank conducted a 140 billion yuan reverse repurchase. On that day, 120 billion yuan reverse repurchase expired, achieving a net investment of 20 billion yuan.
Source: Wind
It is worth noting that the central bank has carried out reverse repurchase operations for the 25th consecutive working day since August 7.
A total of 2.79 trillion yuan of reverse repurchase operations have been conducted.
The chief researcher of CITIC Securities' fixed income clearly analyzed that in September, there is little pressure on funding, and the funding rate center will marginally decline.
Liquidity in September may show a state of "loose at both ends and tight in the middle".
Hue, chief economist of Founder Securities, believes that in the short term, the central bank will continue to cooperate with the issuance of local bonds to maintain reasonable and sufficient liquidity.
(Zhongxin Jingwei APP)