中国人民银行公开市场业务操作室也公告，为支持资本市场健康稳定发展，中国人民银行将于近期开展第二次证券、基金、保险公司互换便利操作，互换期限1年，可视情展期，面向符合条件的证券、基金、保险公司开展操作，互换费率由参与机构招投标确定。即日起接受机构申报。Bullish news has arrived.
According to news from the Securities Regulatory Commission, previously, the China Securities Regulatory Commission, in conjunction with the People's Bank of China, conducted the first swap convenience operation for securities and Fund companies, with an operating amount of 50 billion yuan, participating bid from 20 securities and Fund companies. Since the implementation of the tool, relevant Institutions have actively carried out swap convenience operations, steadily financing and investing based on market conditions. As of now, all initial operations have been completed, with actual input exceeding 90%, playing a positive role in maintaining the stable running of Capital Markets through the swap convenience tool.
In order to implement the spirit of the Central Economic Work Conference and the requirements of the National Financial System Work Conference, relevant Institutions actively applied. The China Securities Regulatory Commission and the People's Bank of China have added 20 participating Institutions based on the initial 20 participating organizations, according to classification evaluation, compliance risk control, and other conditions, forming a pool of 40 alternative Institutions. During each batch operation, approximately 20 Institutions will be selected for participation in the bidding operations of the People's Bank based on the intended participation scale. Currently, all preparations for the second swap convenience operation are completed, and operations will begin today. The China Securities Regulatory Commission requires relevant Institutions to fully leverage their professional investment capabilities, strengthen compliance risk control management, effectively implement the functions of steady market monetary policy tools, enhance and improve market expectation management, and promote the stable and healthy development of Capital Markets.
The Public Market Operations Department of the People's Bank of China also announced that in support of the healthy and stable development of Capital Markets, the People's Bank of China will soon conduct the second swap convenience operation for securities, Fund, and Insurance companies, with a swap period of 1 year, which may be extended based on the situation, targeting eligible securities, Fund, and Insurance companies. The swap rate will be determined by bidding among participating Institutions. Applications from Institutions are accepted from now on.
According to Securities Times reporters, on October 18 of this year, the People's Bank conducted the first swap convenience operation with a scale of 50 billion yuan. By the end of the year, the aforementioned 50 billion yuan had been largely utilized, and market feedback has been positive. 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 and 5 leading Insurance institutions, expecting the volume of the second operation to be no less than 50 billion yuan.
Editor/lambor
