swtor credits this scale to twice times in October and September - MXA

Necking of open market operations, cancel some difference reserve ratio quantitative credit support, launched the small micro-enterprises as the main way, Bank Supervision Department is a multi-pronged, flooded the market with liquidity and credit resources. Some respondents noted that current policy keynote, or by "adjusting fine", a harder, deeper way forward.The open market this week has issued only 15 billion yuan 1-year Central ticket and $ 1 billion 3-month Central ticket, and implemented the $ 15 billion of 28-day repo. After expiration of the offset 31 billion swtor credits, realized net capital of $ 22 billion to inject this week, reversing last week's funds to a large extent face tight States. Under the influence of this yesterday full repo interbank market interest rates fall. DifferenceReserve, the Central Bank recently issued a notice to the provinces and more than more than 20 small rural Bank, 25th slashed its statutory reserve ratio by 50 basis points to 16%. According to initial estimates, Central Bank's move will pump billions of liquidity into the banking system. In addition, finance and the Central Bank will be $ 60 billion Treasury cash deposit until next Tuesday, NovemberTo tender for the second time. This makes the financial volume of money in the month rose to $ 120 billion, this scale to twice times in October and September, four times. Two times a month "blood transfusion", was also the first ever. For a recent series of Bank departments "injected" moves, divergent views of market participants. Ping an securities research head of fixed income, investment Deputy Director Shi LeiCompared with previous preconditioning fine-tuning, recent policy efforts seem to have more. In order to ensure financial stability, in previous years with a 7-day repurchase have been less frequently used. At the same time, central banks in the interbank market the circulation rhythm is clearly slowing, this ensures that more funds for credit to the small micro-enterprise support. Senior fellow at the agricultural Bank of China Ma yongbo pointed out: at presentStructural fine-tuning, including fiscal and monetary policies, were within market expectations. Renewal and exchange difference reserve no longer than expected decline shows that regulated reserve requirements of valve has been closed, even if the Bank does not downgrade in the short term, the real reflection of the policy easing. Ma yongbo also indicated that little time left at least 120 billion dollars during the year of micro-Enterprise-oriented new lines of credit, will not be included in the examination of bank deposit and loan than the diameter, fine tuning is gradual deepening and speeding up the pace. Analysts also held more conservative views. Chief macro-analysis Division of the Institute of shenyin wanguo Li Huiyong believes that current policy is not out of "adjusting fine" category, remains the refinement of the operation and specific. He explains that the recent creditFine adjust, structural liquidity behind recovery efforts slow targeted tax cuts, and swtor power leveling, two points should not be overlooked. ����First of all, it is more a for small micro-enterprises and small financial institutions, "emergency" measures and, secondly, central to next year's economic growth remains above 9% still have confidence in star wars the old republic power leveling, and in order to avoid inflationary expectations rebound, regulators do not currently rush dramatically towards. Gold onlineStatement: Gold-line reproduced above, does not indicate that confirm the description for investor use only and does not constitute investment advice. Investors a basis for action, at your own risk.