Citic Securities: The central bank may resume trading of government bonds.

The research report of CITIC Securities pointed out that the Ministry of Finance and the People's Bank of China Joint Working Group held the second team leader meeting to conduct in-depth discussions on topics such as the operation of the financial market, the management of government bond issuance, the central bank's buying and selling of national debt, and the improvement of the issuance mechanism of offshore RMB-denominated government bonds. Government bond issuance is gradually entering the final stage, and the central bank may restart national debt transactions.