Announcement on Government Bond Transactions No.3 [2024]

(Open Market Operations Office, October 31, 2024)

In order to intensify the counter-cyclical adjustment of monetary policy and to keep liquidity in the banking system adequate at a reasonable level, the People's Bank of China (PBOC) conducted government bond purchasing and selling on the open market in October 2024. The face value of net bond purchase registered RMB200 billion over the month.