The central bank: Net purchases of bonds in September amounted to 200 billion yuan.
On September 30, the People's Bank of China announced that in September 2024, the People's Bank conducted open market transactions for the buying and selling of government bonds, with a net purchase of 200 billion yuan in bond face value for the entire month.
On September 30, the People's Bank of China announced that in order to increase the intensity of countercyclical adjustments to monetary policy and maintain the reasonable and adequate liquidity of the banking system, the People's Bank of China conducted open market operations to buy and sell government bonds in September 2024, with a net purchase of bonds totaling 200 billion yuan for the month.
This article is compiled from the official website of the People's Bank of China, edited by GMTEight: Liu Jiayin.
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