Nov 03, 2021 10:43 AM (GMT+8) · EqualOcean
Financial Associated Press, November 3 (Xinhua) today, the central bank launched a 7-day reverse repo operation of 50 billion yuan to put liquidity, with an increase of 40 billion yuan over yesterday, which is significantly larger than the daily operation of 10 billion yuan a few days ago, which is relatively rare in the period when the total amount of liquidity is relatively abundant at the beginning of the month. Today, the central bank's volume increase operation shows that the central bank's words and deeds are consistent with those of the central bank to maintain a reasonable and abundant liquidity, which helps to stabilize market expectations and maintain the stable operation of money market interest rates around the central bank's operating interest rates. After the operation, the term interest rates such as dr001 and dr007 in the money market decreased.

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