Lates News

Caitong Fund's Fixed Income Research Department released a research report stating that the central bank's attitude towards liquidity protection remains unchanged, and the funding situation is expected to continue to be loose. During the peak period of government bond issuance in August, the central bank is expected to maintain policy coordination and consider using structural monetary policy tools as the total volume of monetary policy tools is still constrained by the bank's net interest margin. At the same time, attention should be paid to the possibility of the central bank resuming bond purchases.