The central bank's January open market operations resulted in a net injection of 50 billion yuan through government bond buying and selling.

Golden Finance reports that on June 2, the central bank announced the liquidity injection status of various tools for May 2026. In terms of central bank lending, the standing lending facility (SLF) had a net collection of 900 million yuan; the medium-term lending facility (MLF) had a net injection of 100 billion yuan, and the pledged supplementary lending (PSL) had a net collection of 154.5 billion yuan. In terms of open market operations, the 7-day reverse repo had a net injection of 489.8 billion yuan, and the net injection from open market government bond buy/sell operations was 50 billion yuan; the central treasury cash management had a net injection of 20 billion yuan.
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