The People's Bank announced the launch of the second swap facility operation for securities, Funds, and Insurance companies. On October 18th of this year, the People's Bank conducted the first swap facility operation, with a scale of 50 billion yuan. By the end of the year, the aforementioned 50 billion yuan had basically been used up, and the market response was good. It is understood that 20 securities and Fund companies participated in the first operation, and the second operation will add several more securities and Fund companies as well as 5 leading Insurance institutions, with an expected second operation volume of no less than 50 billion yuan. (Securities Times)