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2026-11-02 17:56:26
[Industry Insiders: Steady Implementation of Swap Facility Operations Will Better Facilitate Asset Revitalization] The People's Bank of China announced on November 2nd that it will conduct a Securities, Funds, and Insurance Companies Swap Facility (SFISF) operation on November 3rd. The swap term is one year and can be extended as appropriate. This is the third such operation since the tool was created. Since its inception, two swap facility operations have been conducted in October 2024 and January 2025, with a cumulative amount of 105 billion yuan. The operating mechanism of the swap facility has been continuously improved based on market demand, and the scope of participating institutions has continued to expand. Industry insiders believe that the steady implementation of the swap facility operation will better facilitate asset revitalization, coordinate liquidity between different markets such as the stock and bond markets, continuously bring "fresh capital" to the capital market, and enhance the long-term nature of investment behavior and the inherent stability of the market. (Xinhua News Agency)
