Intelligence Feed event · Macro · 2026-07-31

    People's Bank of China injects net ¥45bn via reverse repos as interbank bond rally extends

    Question

    People's Bank of China injects net ¥45bn via reverse repos as interbank bond rally extends

    Direct answer

    Supports CGBs and bond futures (notably the 30-year main contract), weighs on front-end funding rates such as DR007, and marginally pressures CNY money-market and bank funding curves.

    Original publisher
    Market Ontology
    Evidence through
    2026-07-31
    Published
    2026-10-20
    Revision
    1 · 2026-10-20

    Cite as: Market Ontology, “People's Bank of China injects net ¥45bn via reverse repos as interbank bond rally extends”, revision 1, evidence through 2026-07-31. https://marketontology.com/market-events/2026-07-31/people-s-bank-of-china-injects-net-45bn-via-reverse-repos-as-interbank-bond-rall-58abbd

    MACRO
    People's Bank of China injects net ¥45bn via reverse repos as interbank bond rally extends
    Supports CGBs and bond futures (notably the 30-year main contract), weighs on front-end funding rates such as DR007, and marginally pressures CNY money-market and bank funding curves.
    CNYCGB10YCGB30YDR007
    Impact
    60
    JUL 31
    SIG
    CNYCGB10YCGB30Y
    People's Bank of China injects net ¥45bn via reverse repos as interbank bond rally extends
    Supports CGBs and bond futures (notably the 30-year main contract), weighs on front-end funding rates such as DR007, and marginally pressures CNY money-market and bank funding curves.
    Impact
    Supports CGBs and bond futures (notably the 30-year main contract), weighs on front-end funding rates such as DR007, and marginally pressures CNY money-market and bank funding curves.
    Affected
    CNYCGB10YCGB30YDR007
    Source facts

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    What happened next

    Price follow-up pending — no stored daily closes for these assets yet.

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    Sources

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