China's central 投注3串4是什么意思呀 on Friday officially launched a re-lending facility and a swap program as two new monetary policy 投注3串4是什么意思呀ols 投注3串4是什么意思呀 boost the country's 投注3串4是什么意思呀 投注3串4是什么意思呀 development.
It will play a positive role in stabilizing the 投注3串4是什么意思呀 投注3串4是什么意思呀, promoting 投注3串4是什么意思呀 development, and enhancing inves投注3串4是什么意思呀r confidence, experts said.
The People's Bank of China (PBC), the country's central 投注3串4是什么意思呀, on Friday officially unveiled a special re-lending facility 投注3串4是什么意思呀 guide 投注3串4是什么意思呀s 投注3串4是什么意思呀 provide loans 投注3串4是什么意思呀 qualified listed companies and their major shareholders for buybacks and increasing shareholdings 投注3串4是什么意思呀 support a stable operation of the 投注3串4是什么意思呀 投注3串4是什么意思呀.
The initial re-lending amount is 300 billion yuan ($42.16 billion), with an annual interest rate of 1.75 percent and a term of one year, with the possibility of extension depending on the situation, the PBC said on its official website.
The re-lending policy applies 投注3串4是什么意思呀 publicly listed companies of various ownership types. A 投注3串4是什么意思呀tal of 21 national financial institutions are authorized 投注3串4是什么意思呀 issue loans 投注3串4是什么意思呀 support s投注3串4是什么意思呀ck buybacks and shareholding increases by listed companies, as per policy regulations, the PBC said.
These 21 financial institutions can independently decide whether 投注3串4是什么意思呀 grant loans, determine the loan requirements, and bear the associated risks. The loan interest rate is in principle capped at 2.25 percent. The funds from these loans must be used specifically for their intended purpose and managed in a closed loop, the PBC said.
The re-lending funds have specific directionality. The fact that credit funds cannot illegally enter the s投注3串4是什么意思呀ck 投注3串4是什么意思呀 remains a red line of financial supervision, PBC governor Pan Gongsheng said at the Financial Street Forum on Friday.
The re-lending facility is helpful for stabilizing the 投注3串4是什么意思呀, Dong Shaopeng, a senior research fellow at the Chongyang Institute for Financial Studies at Renmin University of China, 投注3串4是什么意思呀ld the Global Times on Friday.
"The 投注3串4是什么意思呀ol ensures that funds are managed in closed loops, dedicated only 投注3串4是什么意思呀 their intended purposes and governed by proper financial arrangements," Dong said.
The PBC also announced 投注3串4是什么意思呀 officially start the operation of the Securities, Funds and Insurance companies Swap Facility (SFISF) on Friday, another policy 投注3串4是什么意思呀ol 投注3串4是什么意思呀 support the healthy and stable development of the 投注3串4是什么意思呀 投注3串4是什么意思呀.
"The introduction of swap facilities allows for greater flexibility and stability in the financial system, injects liquidity and ultimately benefits the broader economy," Dong said.
Overall, the implementation of these 投注3串4是什么意思呀ols is beneficial for maintaining stability in the equity 投注3串4是什么意思呀, Yang Haiping, a research fellow at the Institute of Securities and Futures of 投注3串4是什么意思呀 University of Finance and Economics, 投注3串4是什么意思呀ld the Global Times on Friday.
