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China's Ministry of Finance has endorsed the central bank's ability to trade treasury bonds in the open market as a method of liquidity management and a reserve of monetary policy instruments. This move, highlighted in an article in People's Daily and statements from central bank officials, aligns with President Xi Jinping's previous remarks and indicates a potential shift in the country's monetary strategy.
🇨🇳 "The central bank's trading of treasury bond in the secondary market can be used as a liquidity management method and a reserve of monetary policy tools," https://t.co/1GKPQOnPHj
⚠️ CHINA'S CENTRAL BANK HINTS IT MAY ADD TREASURY BOND TRADES TO POLICY TOOLKIT Full Story → https://t.co/25yBPVHQJM A senior Chinese central bank official suggested on Tuesday that the bank's buying and selling of treasury bonds in the secondary market could be used for… https://t.co/D8Kea0gR8b
CHINA CENTRAL BANK OFFICIAL SAYS THE BANK'S BUYING AND SELLING OF TREASURY BONDS IN SECONDARY MARKET CAN BE USED AS A FORM OF LIQUIDITY MANAGEMENT AND A RESERVE OF MONETARY POLICY INSTRUMENTS
