Announcement on Government Bond Transactions No.2 [2024]

(Open Market Operations Office, September 30, 2024)

In order to enhance 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 September 2024. The total face value of bonds purchased on a net basis registered RMB200 billion over the month.