The Central Bank is increasing liquidity, stabilizing the funding situation to aid the recovery of the bond market.
Jin10 reported on July 16 that the Central Bank is nurturing a warm attitude towards the funding situation. On July 15, the Central Bank conducted a reverse repurchase operation of 342.5 billion yuan and initiated a planned buyout reverse repurchase operation with a total scale of 1.4 trillion yuan. Analysts indicate that the Central Bank's operations are moving forward in pace and policy communication is strengthening, releasing policy signals to stabilize expectations and credit, which helps alleviate liquidity disturbances. With the funding situation remaining stable, the bond market repair window is expected to gradually open.