Bloomberg(2025.11.04.)-China’s Central Bank Returns to Bond Market With Small Purchases
*The People’s Bank of China net injected 20 billion yuan ($2.8 billion) of liquidity via buying government bonds, according to a statement on its website, which did not provide details on tenors or dates of operation.
(…) The PBOC’s net purchases effectively increase the supply of cash in the financial system, helping to contain borrowing costs and support economic growth. Demand for bonds has eased among investors in recent months due to a fund rotation into equities and easing tensions in US-China trade relations.
(…) The resumption is aimed at maintaining relatively ample liquidity, said Serena Zhou, a senior economist at Mizuho Securities. “We expect such purchases to persist toward the year-end.”*
중국이 10개월만에 채권매입 재개. 경제부양을 위해서 완화를 시작한 것. 중국의 프록시 통화인 원화의 움직임은 앞으로 어떻게 움직일까? 원화약세가 더 강해질까…