news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

[on august 28, the "open market treasury bond trading business announcement" column was launched on the "open market business" special page of the central bank's official website, which once again attracted market attention. in the market's view, the central bank's update of the column on the official website shows that the central bank is ready for the open market treasury bond trading business, and once again sends a signal that the central bank's treasury bond trading operation will start.]

on august 28, the “open market treasury bond trading business announcement” column was launched on the “open market business” special page of the people’s bank of china’s official website.

as of now, this column has not been updated. however, in the market's view, this move shows that the central bank is ready for open market treasury bond trading, and once again sends a signal that it will conduct treasury bond trading operations in the open market.

wang qing, chief macro analyst at orient securities, believes that this also means that the central bank's treasury bond trading operations are expected to be carried out in the short term. in the future, there will be higher market transparency, which will help communicate with the market, deliver policy signals in a timely manner, and smooth the transmission of monetary policy.

will the operation of buying and selling treasury bonds start?

since the beginning of this year, the topic of the central bank's buying and selling of government bonds has been mentioned frequently.

in early april, the "excerpts from the discussion on financial work" mentioned that "we must enrich the monetary policy toolbox and gradually increase the buying and selling of treasury bonds in the central bank's open market operations."

at the end of april, the head of the relevant department of the central bank stated that the central bank's treasury bond trading in the secondary market can be used as a liquidity management method and a reserve of monetary policy tools.