China’s central bank injects net 10 billion yuan via open-market bond operations in June
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
The People’s Bank of China (PBOC), China’s central bank, said on Friday that it had injected a net 10 billion yuan (about 1.47 billion U.S. dollars) of liquidity through open-market government bond purchases and sales in June.
According to the central bank’s data, cumulative net injections via this channel during the first half of 2026 amounted to 300 billion yuan.
In its first-quarter monetary policy implementation report, the PBOC said it has been conducting government bond operations on a routine basis since the start of the year, flexibly adjusting the size of operations in response to base-money supply needs and bond-market conditions.
PBOC data also showed that net injections through the medium-term lending facility totaled 200 billion yuan in June, while other structural monetary policy tools saw a net withdrawal of 137.2 billion yuan.
Separately, 7-day reverse repurchase operations added a net 582.6 billion yuan, and reverse repos of other maturities contributed a net 300 billion yuan last month.
Reference Link:- https://english.news.cn/20260703/3ad7d30e293b4eeb85153ea8303fa51c/c.html
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
