On January 14th, the People's Bank of China announced that in order to maintain sufficient liquidity in the banking system, it will launch a 900 billion yuan buyout reverse repurchase operation on January 15th through a fixed quantity, interest rate bidding, and multi price bidding method, with a term of 6 months (181 days). The reporter learned that there will be 600 billion yuan of 6-month buyout reverse repurchase due in January. This means that the buyout style reverse repurchase operation to be carried out by the People's Bank of China on the 15th is an incremental continuation, with an incremental scale of 300 billion yuan. The People's Bank of China has launched a buyout style reverse repurchase with increased volume for the eighth consecutive month. Wang Qing, Chief Macro Analyst of Dongfang Jincheng, believes that the People's Bank of China's implementation of buyout style reverse repurchase operations demonstrates the continued supportive stance of monetary policy, which is conducive to the issuance of government bonds at the beginning of the year and helps financial institutions increase credit injection. (New Society)