On March 24, the People's Bank of China announced that in order to maintain sufficient liquidity in the banking system and better meet the differentiated funding needs of different participating institutions, the Medium-term Lending Facility (MLF) will be operated by fixed quantity, interest rate invite tenders, and multiple price points win the bidding from this month. On March 25, 2025 (Tuesday), the People's Bank of China will carry out 450 billion yuan MLF operation for a period of one year.
The People's Bank of China held the 2025 Macroprudential Work Conference, which held that in 2024, the People's Bank of China will accelerate the improvement of the central bank system,...
China's central bank: today 125 billion yuan 7-day reverse repurchase operation, win the bidding interest rate of 1.50%, the same as before.
On February 18, Pan Gongsheng, Governor of the People's Bank of China, was invited to attend a seminar on emerging market economies jointly hosted by the international monetary fund and Saudi Arabia and delivered a keynote speech. Pan Gongsheng pointed out that in 2024, China's economy continued to recover and achieve the annual economic growth target of 5%. Especially since late September last year, the Chinese government has launched a package of incremental policies to effectively boost socia...
China's central bank: today 33 billion yuan 7-day reverse repurchase operation, win the bidding interest rate of 1.50%, the same as before.
China's central bank: today 215 billion yuan 7-day reverse repurchase operation, win the bidding interest rate of 1.50%, the same as before.
China's central bank: today 14 billion yuan 7-day reverse repurchase operation, win the bidding interest rate of 1.50%, the same as before.
China's central bank: today 183.70 billion yuan 7-day reverse repurchase operation, win the bidding interest rate of 1.50%, the same as before.
The People's Bank of China: In January 2025, the People's Bank of China did not conduct open market treasury bond trading operations.
People's Bank of China: In January 2025, the People's Bank of China launched a 1.70 trillion yuan buyout reverse repurchase operation by means of fixed quantity, interest rate invite tenders, and multiple price points win the bidding.
China's central bank: today 298 billion yuan 14-day reverse repurchase operation, win the bidding interest rate of 1.65%, the same as before.
China's central bank: today 151 billion yuan 14-day reverse repurchase operation, win the bidding interest rate of 1.65%, the same as before.
The HKMA and the People's Bank of China have announced the expansion of the scope of digital RMB in Hong Kong, allowing Hong Kong residents to open personal digital RMB wallets (digital wallets) on their mobile phones. It is expected to launch related services around the middle of this year.
Notice of the People's Bank of China on the Public Solicitation of Comments on the Administrative Measures for Reporting Cyber Security Incidents in the Business Field of the People's Bank of China (exposure draft).
On January 22, the People's Bank of China, the Ministry of Commerce, the State Administration of Financial Supervision, the China Securities Supervision Commission and the State Administration of Foreign Exchange jointly issued opinions to align international high standards and promote institutional opening up in the pilot free trade zone (Hong Kong) where conditions permit. Among them, it is proposed to support the development of cross-border digital identity authentication and electronic ident...