PBOC: Starting November 4, 2026, cut the relending rate for stock buybacks and increased holdings by 0.25 percentage points to 1%.

Zhitong Finance APP has learned that, in order to maintain the stable operation of the capital market, the People's Bank of China is stepping up implementation of the relending policy for stock repurchases and shareholding increases. 1. Starting from November 4, 2026, the interest rate on relending for stock repurchases and shareholding increases will be lowered by 0.25 percentage points to 1%. The support recipients of the relending for stock repurchases and shareholding increases are 21 national banks and 5 systemically important city commercial banks, with a support ratio of 100% and a term of 1 year, which can be extended according to the needs of the banks. Banks may appropriately add a margin on the basis of the relending rate, reasonably determine the term and interest rate of stock repurchase and shareholding increase loans, accelerate loan disbursement, and enhance the market value management capabilities of listed companies and major shareholders.