Central Bank: Pay attention to the changes in government bond yields and resume operations based on market supply and demand conditions.

The People's Bank of China released the first quarter monetary policy implementation report for 2025. It proposed that in January, the People's Bank of China announced a temporary suspension of buying government bonds in the open market phase to avoid affecting investors' allocation needs and to use more other tools to inject base currency to maintain liquidity and stable operation of the bond market. The People's Bank of China will continue to observe and evaluate the operation of the bond market from a macroprudential perspective, pay attention to changes in government bond yields, and will resume operations according to market supply and demand conditions.