On September 2, the People's Bank of China disclosed the liquidity provision figures for various central bank instruments during August 2026. In the category of central bank lending, the medium-term lending facility recorded a net reduction of 100 billion yuan, while pledged supplementary lending saw a net decrease of 52.1 billion yuan. Meanwhile, other structural monetary policy tools contributed a net injection of 65 billion yuan.
For open market operations, overnight and 7-day reverse repurchase agreements resulted in a net withdrawal of 641.5 billion yuan. However, treasury bond transactions in the open market added a net 50 billion yuan to the system. Additionally, central treasury cash management provided a net injection of 70 billion yuan.