Liquidity Injection via Central Bank Monetary Policy Instruments (September 2025)
Unit: RMB100 million
Category |
Instrument |
Injection |
Withdrawal |
Net Injection |
Required Reserve |
Adjustment of Required Reserve Ratio (RRR) |
- |
- |
- |
Central Bank Loans |
Standing Lending Facility (SLF) |
39 |
20 |
19 |
Medium-term Lending Facility (MLF) |
6,000 |
3,000 |
3,000 |
|
Pledged Supplemental Lending (PSL) |
0 |
883 |
-883 |
|
Other Structural Monetary Policy Instruments |
5,357 |
5,427 |
-70 |
|
Open Market Operations |
Short-term Reverse Repos |
73,396 |
69,494 |
3,902 |
Outright Reverse Repos |
16,000 |
13,000 |
3,000 |
|
Government Bond Transactions |
0 |
0 |
0 |
|
Central Treasury Cash Management |
1,500 |
1,200 |
300 |
Date of last update
Nov. 29 2018
