PBOC cuts stock buyback relending rate to 1% from Nov 4
Briefing by News4U · First published
Wall Street CN reported that the People's Bank of China will lower the stock buyback and shareholding increase relending rate by 0.25 percentage points to 1% from November 4, 2026, to maintain stable capital-market operations. The policy covers 21 national banks and five systemically important city commercial banks at a 100% support ratio with a one-year term that can be extended. Banks may add a spread to the relending rate and set loan terms and rates to speed lending and strengthen listed firms' and major shareholders' market-value management. [1]
Sources
- 快讯
Wall Street CN · · Full text