The People's Bank of China announced a net injection of 50 billion yuan through government bond purchases and sales in the open market in March.

2026-04-08 12:05:42

Liquidity injections under various tools for March announced by the People’s Bank of China on April 2 show that during the month, there was a net injection of 50 billion yuan via open market treasury bond purchases and sales, and a net injection of 100 billion yuan via central government treasury cash management.

The injection status also shows that in March, the Medium-Term Lending Facility (MLF) injected 500 billion yuan, withdrew 450 billion yuan, and achieved a net injection of 50 billion yuan; the Standing Lending Facility (SLF) had a net injection of 800 million yuan; and other structural monetary policy tools had a net injection of 172.8 billion yuan.

In addition, in March, the 7-day reverse repo recorded a net withdrawal of 890.3 billion yuan, and reverse repos of other maturities recorded a net withdrawal of 300 billion yuan. (Reporter Wu Yu)

(Editor: Wen Jing)

Keywords:

                                                            Liquidity

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