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Pan Gongsheng: Including treasury bond trading in the monetary policy toolbox does not mean engaging in quantitative easing
On June 19, Pan Gongsheng, Governor of the People's Bank of China, said at the 2024 Lujiazui Forum today that the Central Financial Work Conference proposed to enrich the monetary policy toolbox and gradually increase the trading of treasury bonds in the central bank's open market operations. The People's Bank of China is strengthening communication with the Ministry of Finance to jointly study and promote implementation. The process as a whole is gradual, and the issuance rhythm, maturity struc...
2024-06-19 10:19:58
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