The central bank's "new" tools, close to the central bankers: enhance the ability to adjust liquidity across periods within one year

On October 28th, the central bank decided to use the open market buyout reverse repurchase operation tool from now on. According to people close to the central bank, the central bank launched the buyout reverse repurchase operation tool on the basis of the existing tool, which is expected to cover 3 months, 6 months and other periods, enhance the ability of liquidity intertemporal adjustment within 1 year, and further improve the level of liquidity management. The central bank chose to launch a new tool at this time, which is also expected to better hedge the centralized maturity of MLF before the end of the year. " The central bank's launch of buyout-style reverse repurchase is not only an enrichment of its own operating tools, but also a demonstration role for the market to develop buyout-style repurchase business, relieve the pressure on the overall liquidity supervision indicators of Financial Institution Groups due to the freezing of pledged goods, and continue to improve the liquidity, security and internationalization level of the interbank market. "Analysts said.