Live Updates > Live Update Details
2026-11-02 15:40:25
[China's Central Bank to Conduct Third Securities, Fund, and Insurance Company Swap Facility Operation; Over 30 Institutions Express Preliminary Intent] Industry sources revealed that on the morning of the same day, financial regulators convened separate meetings with securities companies, fund companies, and commercial banks to discuss further improvements to the Securities, Fund, and Insurance Company Swap Facility (SFISF) and stock repurchase and repurchase relending policy tools. According to attendees, the central bank will soon conduct its third SFISF operation, accepting applications from institutions starting tomorrow. Based on preliminary market demand assessments, over 30 institutions have expressed interest in applying for the third SFISF. Many institutions indicated they will quickly inject the funds from this tool into the market, providing incremental capital to the capital market. Attendees believe that the amount and number of institutions applying this time both exceed those of the previous two batches, indicating that this tool has effectively played a supporting role in stabilizing the capital market and has received widespread recognition from securities companies, fund companies, and other institutions. Attendees analyzed that the central bank will further improve the SFISF mechanism, and the swap fee rate is expected to be further reduced. (CCTV)
