The central bank conducted a net injection of 50 billion yuan in the open market in March through buying and selling government bonds.

The central bank announced the liquidity injection situation of various tools in March 2026, with a net injection of 50 billion yuan under the medium-term lending facility. In terms of open market operations, the net withdrawal of 7-day reverse repurchase agreements was 890.3 billion yuan, and the net injection of government bond transactions was 50 billion yuan.