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 |