The People's Bank of China injected a net amount of over $7 billion in May 2026.

VTV.vn - This bank injected a net 50 billion yuan (7.33 billion USD) through treasury bond operations in the open market last May.

The People's Bank of China injected a net amount of over $7 billion in May 2026.

According to data released by the People's Bank of China (PBoC, the central bank), the bank injected a net 50 billion yuan (US$7.33 billion) through open market treasury bond operations in May.

This figure indicates that the volume of treasury bond transactions in the open market by the People's Bank of China remains relatively low, at 40-50 billion yuan per month, a trend that has continued since February.

Wang Qing, a leading macro analyst at Golden Credit Rating, said the net injection in May was consistent with the lows seen in recent months, noting that market liquidity is currently relatively abundant, meaning the central bank does not need to inject a large amount of long-term liquidity through open market treasury bond operations.

According to the analyst, this move also reflects the People's Bank of China's policy intention to conduct open market operations flexibly and guide market interest rates to fluctuate stably around the policy rate through a combination of liquidity volume and price.

According to this year's Government Work Report, China will continue to pursue a more proactive fiscal policy and adopt an appropriate loose monetary policy in 2026.

Source: https://vtv.vn/pboc-bom-rong-hon-7-ty-usd-trong-thang-5-2026-100260603181620442.htm