Xinhua News Agency, Beijing, January 27 (Reporters Ren Jun and Wu Yu) The People's Bank of China issued an announcement on the 27th stating that in order to maintain sufficient liquidity in the banking system, the People's Bank of China carried out a buyout reverse repurchase operation of 1,700 billion yuan in January 2025.

The announcement shows that in January, the People's Bank of China carried out buyout reverse repurchase operations with an operating period of 3 months (91 days) and 6 months (182 days) in fixed quantity, interest rate bidding, and multiple price winning bids, respectively, with operation volumes of 1.2 trillion yuan and 500 billion yuan respectively.

Open market buyout reverse repurchase is a new tool launched by the People's Bank of China on October 28, 2024. Since October last year, the central bank has carried out several buyout reverse repurchase operations.

On the same day, the People's Bank of China also issued an announcement stating that it did not conduct open market treasury bond trading operations in January.