1. The People's Bank of China (PBOC) conducted a 100 billion yuan SFISF operation today, with a winning bid rate of 10 basis points. 2. The PBOC announced that the reserve requirement ratio for foreign exchange deposits will be raised from 4% to 6%

2026-11-03

1. The People's Bank of China (PBOC) conducted a 100 billion yuan SFISF operation today, with a winning bid rate of 10 basis points. 2. The PBOC announced that the reserve requirement ratio for foreign exchange deposits will be raised from 4% to 6% starting November 15. 3. The PBOC conducted securities, fund, and insurance company swap facility operations on November 3, with applications exceeding 100 billion yuan. 4. Three departments announced that the stock repurchase and shareholding increase relending policy will be changed from a phased arrangement to a long-term institutional arrangement, and the relending rate will be reduced from 1.25% to 1%. 5. The Ministry of Finance completed the bidding for two tranches of discount treasury bonds, with winning bid rates of 0.7957% for 28-day bonds and 1.1061% for 91-day bonds. 6. Guotai Haitong Securities won a 10 billion yuan bid in the third batch of PBOC swap facility operations. 7. Two tranches of Hubei long-term special bonds were listed and traded, totaling 21.692 billion yuan. 8. The Hong Kong Stock Exchange's derivatives clearinghouse accepts Chinese treasury bonds, policy bank bonds, and Ministry of Finance bonds as collateral. 9. The U.S. Treasury lowered its fourth-quarter borrowing forecast to $618 billion. 10. Meta is considering issuing at least $20 billion in bonds, marking its first foray into the Eurozone bond market. 11. U.S. tech giants are increasing their European bond issuance, with institutions focusing on the Eurozone bond market's absorption capacity. 12. Oracle issued $10 billion in senior bonds, bringing its total equity and debt financing to nearly $20 billion. 13. PIMCO CEO: AI-related financing could reach approximately $10 trillion over the next five years, reaching an excessive level. 14. GlobalWafers plans to issue up to $500 million in convertible bonds to Micron through a private placement, deepening their long-term cooperation.