Lates News

Guosen Securities report stated that although the scale of the People's Bank of China's re-launch of bond purchases in October is only 20 billion yuan, considering the fewer trading days at the end of the month, it is reasonable for the bond purchase scale to be relatively low. The key factor affecting the market is how much the complete monthly bond purchase scale can reach in the future. Taking the proportion of bonds held by the central bank at the end of 2024 as an anchor, one can be more optimistic about the scale of future monthly bond purchases.