PBOC: Net injection of RMB150 billion from outright government bond trading in October

On November 3, the People's Bank of China published the liquidity injection through various central bank instruments for October 2026. In terms of central bank lending, the standing lending facility recorded a net injection of -RMB100 million; the medium-term lending facility recorded a net injection of -RMB200 billion. In terms of open market operations, outright government bond trading recorded a net injection of RMB150 billion, central treasury cash management recorded a net injection of -RMB70 billion, and reverse repos of other maturities recorded a net injection of RMB468 billion. This article is excerpted from the official website of the People's Bank of China; edited by Liu Jiayin for GMTEight.